Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions for the synthesis of complex organic molecules, particularly in pharmaceutical and agrochemical research. Its pyrazole and nitrile functionalities make it valuable for constructing nitrogen-containing heterocycles, which are common structural motifs in bioactive compounds. The boronate ester group enables efficient carbon-carbon bond formation under mild conditions, allowing for the development of drug candidates and functional materials. It is also employed in the preparation of conjugated systems for use in organic electronics.