This compound is primarily utilized in organic synthesis and pharmaceutical research, particularly in the development of drug candidates. Its boronic acid group makes it a valuable reagent in Suzuki-Miyaura cross-coupling reactions, which are widely employed to form carbon-carbon bonds in the synthesis of complex organic molecules. The presence of the methoxy and methylpiperazinyl sulfonyl groups enhances its reactivity and selectivity, making it suitable for constructing biologically active compounds. It is often used in the preparation of intermediates for potential therapeutic agents, especially in the fields of oncology and neurology, where precise molecular structures are critical for drug efficacy. Additionally, its unique structure allows it to act as a ligand or building block in the design of molecules with specific binding properties, aiding in the discovery of new drugs or biochemical probes.