This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. It serves as a key intermediate for constructing complex molecules, especially in the pharmaceutical and agrochemical industries. Its boronic ester group enables efficient coupling with aryl or vinyl halides, facilitating the creation of biaryl structures. This makes it valuable in the development of drugs, functional materials, and advanced chemical compounds. Additionally, its thiazole moiety contributes to its application in designing biologically active molecules, including potential therapeutic agents targeting various diseases.