This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura reactions. It serves as a versatile building block for creating complex organic molecules, especially in the pharmaceutical and agrochemical industries. Its boronic acid group enables it to form stable covalent bonds with aryl or vinyl halides, facilitating the construction of biaryl or styrene derivatives. These derivatives are often key intermediates in the development of drugs, agrochemicals, and advanced materials. Additionally, its cyclopropyl and thiazole moieties contribute to unique structural and electronic properties, making it valuable in designing molecules with specific biological activities or material characteristics.