Used primarily in organic synthesis as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical development. Its boronate ester group facilitates efficient coupling with aryl or heteroaryl halides under palladium catalysis, making it valuable in constructing complex nitrogen-containing heterocycles. Commonly applied in the synthesis of bioactive molecules, particularly in drug discovery programs targeting central nervous system disorders due to the presence of the piperidine and pyrazole moieties, which are known pharmacophores. Also employed in materials science for building functionalized organic frameworks with tailored electronic properties.