This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of various pharmaceutical agents, particularly those targeting specific enzymes or receptors in the body. Its boronic acid group makes it valuable in Suzuki-Miyaura cross-coupling reactions, a widely used method for constructing carbon-carbon bonds in the production of complex organic molecules. Additionally, its structural features, including the piperidine and amino groups, contribute to its potential use in designing compounds with enhanced bioavailability and binding affinity. Researchers also explore its application in the development of protease inhibitors and other therapeutic agents for treating diseases such as cancer and infectious disorders.