Used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds for constructing biaryl compounds. Its boronic acid group facilitates coupling with aryl halides under palladium catalysis, making it valuable in pharmaceutical and agrochemical research. The presence of a thiophene ring enhances electronic properties useful in materials science, including organic electronics and conjugated polymers. Also employed in the development of sensors and bioactive molecules due to its selective reactivity and structural features.