This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a key intermediate for the introduction of the 2-(methylthio)thiazole moiety into more complex molecules, which are often explored for their potential in pharmaceutical and agrochemical applications. The boronic ester group facilitates the formation of carbon-carbon bonds, enabling the synthesis of biologically active compounds or materials with specific electronic properties. Its use is significant in the development of new drugs, especially in the creation of heterocyclic compounds that may exhibit antimicrobial, antifungal, or other therapeutic activities. Additionally, it can be employed in material science for the design of organic semiconductors or other functional materials.