Used in organic synthesis as a key intermediate for the preparation of complex molecules, particularly in cross-coupling reactions like Suzuki-Miyaura reactions. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in the development of pharmaceuticals and agrochemicals. The piperidine moiety contributes to its potential in designing bioactive compounds, especially those targeting neurological disorders. Additionally, its iodine substituent allows for further functionalization, enhancing its versatility in medicinal chemistry and material science applications.