Used as an intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the synthesis of complex pyrazole derivatives with pharmaceutical relevance. Its boronate ester group facilitates carbon-carbon bond formation under mild conditions, making it valuable in drug discovery and development of bioactive molecules. Commonly employed in the preparation of kinase inhibitors and anti-inflammatory agents. Also applied in materials science for constructing functional organic frameworks and conjugated systems in optoelectronic devices.