This compound is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for constructing complex molecules, especially in the pharmaceutical and agrochemical industries. Its boronic acid group enables efficient coupling with aryl halides, facilitating the creation of biaryl structures. These structures are often found in active pharmaceutical ingredients (APIs) and advanced materials. Additionally, its thienyl and pyridine moieties contribute to its utility in designing compounds with specific electronic or binding properties, making it valuable in drug discovery and material science research.