This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Stille reaction. It serves as a key intermediate in the construction of complex pyrimidine derivatives, which are valuable in pharmaceutical research and development. Its application extends to the preparation of biologically active compounds, including potential drug candidates targeting various diseases. Additionally, it is employed in material science for the synthesis of advanced organic materials with specific electronic or photonic properties. Its role in these processes highlights its importance in both medicinal chemistry and functional material design.