This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. These reactions are essential for forming carbon-carbon bonds, making it valuable in the production of pharmaceuticals, agrochemicals, and advanced materials. Its boronic acid group acts as a key functional moiety, enabling the coupling with aryl or vinyl halides in the presence of a palladium catalyst. Additionally, the thiazole moiety in its structure can contribute to the biological activity of the resulting compounds, making it useful in drug discovery and development. Its applications also extend to the creation of complex organic molecules for research and industrial purposes.