This compound is primarily used in the field of organic synthesis, particularly in the development of heterocyclic compounds. It serves as a key intermediate in the synthesis of various biologically active molecules, including pharmaceuticals and agrochemicals. Its thieno[2,3-b]pyrazine core structure is valuable in designing compounds with potential therapeutic properties, such as anticancer, antiviral, or anti-inflammatory agents. Additionally, it can be utilized in material science for the creation of organic semiconductors or optoelectronic materials due to its conjugated system, which can facilitate electron transport. Researchers also explore its derivatives for applications in dye chemistry and as ligands in coordination chemistry.