This chemical is primarily used in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. It serves as a key intermediate for the preparation of complex organic molecules, especially in pharmaceutical research and development. The boronate ester group in the structure makes it a valuable reagent for constructing carbon-carbon bonds, which is essential in creating active pharmaceutical ingredients (APIs) and other fine chemicals. Additionally, its pyrazole core is often utilized in the design of compounds with potential biological activity, such as anti-inflammatory or anticancer agents. The tert-butyl protecting group enhances stability during synthetic processes, making it easier to handle and manipulate in multi-step reactions.