Used primarily in organic synthesis, especially in Suzuki-Miyaura cross-coupling reactions, to construct biaryl and heteroaryl frameworks. Its boronate ester group enables efficient carbon-carbon bond formation under mild conditions, making it valuable in pharmaceutical and agrochemical research. The nitrile and thiophene moieties enhance electronic properties, useful in materials science for developing organic semiconductors, conjugated polymers, and electronic devices such as OLEDs and organic field-effect transistors. Stable and easy to handle, it serves as a versatile building block in medicinal chemistry and advanced material design.