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 organic molecules, especially in the development of pharmaceuticals and agrochemicals. Its boronic ester group enables efficient coupling with aryl halides, facilitating the formation of carbon-carbon bonds. Additionally, it is employed in the synthesis of conjugated polymers and materials for organic electronics, including OLEDs and organic photovoltaics, due to its ability to introduce functional pyridyl and thiophene moieties into the polymer backbone. Its applications also extend to the preparation of ligands for catalysis and metal-organic frameworks (MOFs) for gas storage and separation.