Used in organic synthesis as a key intermediate for pharmaceutical development, particularly in Suzuki-Miyaura cross-coupling reactions to form biaryl compounds. Its boronic acid group enables efficient carbon-carbon bond formation, making it valuable in constructing drug-like molecules. The Boc-protected piperazine moiety allows for further functionalization and is commonly found in bioactive compounds, including those targeting central nervous system disorders and cancer therapeutics. Commonly employed in medicinal chemistry for library synthesis and lead optimization.