This compound is widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key reagent for forming carbon-carbon bonds, enabling the construction of complex organic molecules, including pharmaceuticals, agrochemicals, and advanced materials. Its boronic acid group facilitates efficient coupling with aryl or vinyl halides in the presence of a palladium catalyst. Additionally, it is employed in the development of bioactive compounds and drug candidates, where its pyrazole moiety contributes to binding interactions with biological targets. Its stability and reactivity make it a valuable tool in medicinal chemistry and material science research.