Used in Suzuki-Miyaura cross-coupling reactions as a key intermediate in the synthesis of biologically active compounds, particularly in pharmaceutical development. Its boronic acid functionality enables formation of carbon-carbon bonds with aryl halides, making it valuable in constructing complex aromatic structures. Commonly applied in the preparation of protease inhibitors and kinase inhibitors due to the presence of both boronic acid and piperidine moieties, which enhance binding to enzyme active sites. Also utilized in medicinal chemistry for the development of boron-containing drugs with improved selectivity and metabolic stability.