Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of biologically active pyrazole derivatives. Its iodine functionality allows for further transformations via cross-coupling reactions such as Suzuki or Heck couplings, enabling the construction of complex molecules. Commonly employed in medicinal chemistry for the preparation of kinase inhibitors and other targeted therapies. Also utilized in research settings to introduce the pyrazole moiety into larger molecular frameworks, benefiting from the stability provided by the tert-butyl carbamate protecting group.