This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. It serves as a key intermediate in the construction of complex molecules, enabling the formation of carbon-carbon bonds. Its boronic ester group allows for efficient coupling with aryl or vinyl halides, making it valuable in the development of pharmaceuticals, agrochemicals, and advanced materials. Additionally, its cyclobutyl and thiazole moieties contribute to its role in designing bioactive compounds, potentially enhancing drug discovery efforts targeting specific biological pathways.