This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a crucial building block for the construction of complex molecules, especially in the development of pharmaceuticals and agrochemicals. Its boronic acid group enables efficient coupling with various aryl or vinyl halides, facilitating the creation of biaryl structures. Additionally, its thienyl and pyridine moieties make it valuable in the synthesis of heterocyclic compounds, which are often explored for their biological activity and material science applications. Its versatility also extends to the production of organic electronic materials, where it contributes to the development of conjugated polymers and small molecules used in optoelectronic devices.