This chemical is primarily utilized as an intermediate in organic synthesis, particularly in the development of pharmaceuticals and bioactive compounds. Its structure, featuring a boronate ester group, makes it valuable in Suzuki-Miyaura cross-coupling reactions, a widely used method for forming carbon-carbon bonds. This enables the creation of complex molecules, including potential drug candidates, with high precision. Additionally, the pyrazole moiety in its structure contributes to its use in designing compounds with potential therapeutic applications, such as anti-inflammatory, antimicrobial, or anticancer agents. Its stability and reactivity make it a key component in research and industrial processes aimed at developing new chemical entities.