This chemical is primarily used in organic synthesis, particularly in cross-coupling reactions like Suzuki-Miyaura coupling, where it acts as a boronic ester intermediate. Its structure, featuring a pyrazole and azetidine ring, makes it valuable in the development of pharmaceuticals, especially in the creation of bioactive molecules and drug candidates. The tert-butyl group enhances stability, making it suitable for storage and handling in synthetic processes. It is often employed in the synthesis of complex organic compounds, including potential therapeutic agents targeting various diseases. Additionally, its boronate ester functionality allows for versatile transformations in medicinal chemistry research.