This compound is widely used in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronic ester group makes it a valuable building block for creating complex organic molecules, especially in the pharmaceutical industry where it aids in the development of drug candidates. Additionally, it serves as a key intermediate in the synthesis of heterocyclic compounds, which are essential in materials science for designing advanced polymers and electronic materials. Its pyridyl and thiazole moieties also contribute to its utility in coordination chemistry, where it is employed in the creation of metal-organic frameworks (MOFs) and catalysts.