Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors and other biologically active molecules. The Boc-protected pyrazole ring with a hydroxymethyl group allows for selective functionalization, making it valuable in medicinal chemistry for building complex heterocyclic structures. Its hydroxyl group can be easily modified through esterification, ether formation, or coupling reactions, enabling attachment to other molecular frameworks. Commonly employed in research settings for the preparation of drug candidates in oncology, inflammation, and CNS disorders.