Used primarily in organic synthesis as a reagent for cross-coupling reactions, it facilitates the formation of carbon-carbon bonds, particularly in the construction of complex pyrazine derivatives. These derivatives are valuable in pharmaceutical research for developing drug candidates with potential therapeutic applications. Additionally, it serves as a key intermediate in the preparation of agrochemicals, contributing to the synthesis of compounds used in crop protection. Its role in material science is also notable, aiding in the creation of advanced materials with specific electronic or optical properties.