This chemical is primarily utilized in organic synthesis as a versatile building block. It serves as a key intermediate in the preparation of complex molecules, particularly in the formation of carbon-carbon bonds through cross-coupling reactions. Its tributylstannyl group enables it to participate in Stille coupling, a widely used method in the synthesis of pharmaceuticals, agrochemicals, and advanced materials. Additionally, it is employed in the development of heterocyclic compounds, which are essential in drug discovery and material science. Its stability and reactivity make it a valuable tool for researchers in constructing diverse molecular architectures.