This compound is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a versatile building block for creating complex molecules, especially in pharmaceutical research and development. The boronic acid group enables the formation of carbon-carbon bonds, making it valuable for constructing biaryl structures, which are common in drug molecules. Additionally, the presence of the pyrazole and pyridine moieties enhances its potential in designing compounds with biological activity, such as kinase inhibitors or other therapeutic agents. Its application extends to materials science, where it can be utilized in the synthesis of organic electronic materials or ligands for catalysis.