Used as an intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the synthesis of complex pyrazole-containing compounds for pharmaceutical and agrochemical research. The boronate ester group facilitates palladium-catalyzed coupling with aryl or heteroaryl halides, making it valuable in drug discovery for building nitrogen-rich heterocyclic frameworks. Its protected piperidine and hydroxy groups allow further functionalization, enhancing versatility in medicinal chemistry.