This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions, where it serves as a key intermediate. Its tributylstannyl group enables efficient coupling with various organic halides, making it valuable in the construction of complex molecules, such as pharmaceuticals and agrochemicals. Additionally, it is employed in the development of pyridine derivatives, which are widely used in medicinal chemistry for drug discovery and development. Its role in facilitating the formation of carbon-carbon bonds is crucial in creating biologically active compounds.