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 constructing complex molecules, especially in the pharmaceutical and agrochemical industries. Its boronic ester group enables efficient coupling with aryl or vinyl halides, making it valuable for creating carbon-carbon bonds. This property is essential in developing active pharmaceutical ingredients (APIs) and other biologically active compounds. Additionally, its pyrimidine and thiophene moieties contribute to its use in designing materials for organic electronics, such as organic light-emitting diodes (OLEDs) and semiconductors, due to their electron-rich and conjugated structures.