This compound is widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key building block for constructing complex molecules, especially in the development of pharmaceuticals and agrochemicals. Its boronic acid group enables efficient coupling with aryl halides, facilitating the creation of biaryl structures. Additionally, it finds applications in material science, where it contributes to the synthesis of organic semiconductors and conjugated polymers used in electronic devices. Its pyrimidine and thiophene moieties make it valuable in designing compounds with potential biological activity, such as kinase inhibitors or antimicrobial agents.