This compound is primarily used 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. Additionally, it is employed in material science for synthesizing organic electronic materials, including conjugated polymers used in organic light-emitting diodes (OLEDs) and organic photovoltaics. Its pyridine and thiophene moieties contribute to its utility in designing compounds with specific electronic and structural properties.