Used primarily in cross-coupling reactions, this compound serves as a key building block in the synthesis of complex organic molecules, especially in pharmaceutical and agrochemical industries. Its boronate ester group enables Suzuki-Miyaura coupling, allowing efficient formation of carbon-carbon bonds with aryl or heteroaryl halides. This makes it valuable in the development of active pharmaceutical ingredients (APIs) and functional materials. The presence of the thiazole ring adds structural diversity, often contributing to biological activity in final products. It is also employed in the preparation of conjugated systems for use in organic electronics.