This chemical is primarily used in organic synthesis, particularly in the development of pharmaceuticals and bioactive compounds. It serves as a key intermediate in the preparation of complex molecules, often in the construction of piperidine-based structures. The Boc (tert-butoxycarbonyl) protecting group allows for selective reactions on other parts of the molecule, while the iodo-pyrazole moiety provides a reactive site for further functionalization, such as cross-coupling reactions. Its applications are prominent in medicinal chemistry, where it aids in the creation of potential drug candidates targeting various diseases, including neurological disorders and cancer. Additionally, it is utilized in research to explore new chemical entities and their biological activities.