Used in organic synthesis as a boronic ester reagent for Suzuki-Miyaura cross-coupling reactions. It serves as a stable and selective coupling partner for the formation of carbon-carbon bonds, particularly in the synthesis of biaryl compounds. The thiophene moiety enhances electronic properties useful in materials chemistry, making this compound valuable in the development of organic semiconductors, pharmaceuticals, and functional polymers. Its structure allows for improved stability and reactivity under mild reaction conditions, which is advantageous in late-stage functionalization of complex molecules.