This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in the development of pharmaceuticals, agrochemicals, and advanced materials. It is often employed in the synthesis of heterocyclic compounds, which are crucial in drug discovery and development. Additionally, its thiazole and pyrimidine moieties contribute to its role in creating biologically active molecules, including potential anticancer and antimicrobial agents. Its applications also extend to materials science, where it is used in the design of organic electronic components and polymers.