Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions for the synthesis of pharmaceutical compounds. Its boronic acid group enables efficient carbon-carbon bond formation, particularly in the development of indazole-based bioactive molecules. Commonly applied in medicinal chemistry for constructing drug candidates targeting kinases and other therapeutic proteins. The tetrahydropyranyl (THP) protecting group enhances stability and solubility during synthesis, allowing selective deprotection under mild acidic conditions. Valuable in late-stage functionalization of complex molecules in drug discovery and development.