Used in organic synthesis as a key intermediate for the preparation of various pharmaceuticals and agrochemicals. It is particularly valuable in Suzuki-Miyaura cross-coupling reactions, which are widely employed to form carbon-carbon bonds. This compound enables the introduction of thiazole rings into complex molecules, enhancing their biological activity. It is also utilized in the development of materials science, particularly in the creation of organic electronic materials and polymers. Its stability and reactivity make it a preferred choice for researchers working on drug discovery and material innovation.