Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, this compound enables the formation of carbon-carbon bonds in the synthesis of pharmaceuticals and agrochemicals. Its boronate ester group readily reacts with aryl or heteroaryl halides under palladium catalysis, making it valuable for constructing complex organic molecules. It is particularly useful in medicinal chemistry for modifying pyrazole-based scaffolds, which are common in bioactive compounds. The presence of the dichlorobenzyl moiety can enhance lipophilicity and influence target binding in drug design.