This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a key intermediate for constructing complex molecules, especially in the development of pharmaceuticals and agrochemicals. Its boronic acid group enables efficient coupling with aryl or vinyl halides, facilitating the creation of biaryl structures. This makes it valuable in the synthesis of active pharmaceutical ingredients (APIs) and other biologically active compounds. Additionally, its pyridine and pyrazine moieties contribute to its role in designing molecules with specific electronic or binding properties, often used in drug discovery and material science.