Used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, to create complex organic compounds. It serves as a key intermediate in the development of pharmaceuticals and agrochemicals. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in constructing heterocyclic structures. Also applied in material science for designing organic electronic materials, such as OLEDs and conductive polymers. Its pyrazine and thiophene moieties contribute to π-conjugation, enhancing electronic properties in functional materials.