Used primarily 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 in constructing complex organic molecules. It is especially useful in medicinal chemistry for modifying pyrazole scaffolds, which are common in bioactive compounds. The isopropyl group can influence solubility and steric properties, aiding in the optimization of drug candidates.