Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in the synthesis of complex organic molecules. Its boronate ester group facilitates efficient coupling with aryl or heteroaryl halides under palladium catalysis, making it valuable in pharmaceutical and agrochemical research for constructing biaryl scaffolds. The presence of the dioxane and thiophene moieties enhances solubility and electronic properties, which can improve reaction yields and selectivity in heterocyclic compound synthesis.