This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in the production of complex organic molecules, including pharmaceuticals and agrochemicals. The piperidine moiety enhances its solubility and reactivity in various organic solvents, facilitating its use in diverse reaction conditions. Additionally, its bromo substituent allows for further functionalization, enabling the synthesis of more intricate structures. This chemical is also explored in medicinal chemistry for the development of drug candidates, particularly those targeting neurological disorders, due to the presence of the piperidine ring, which is a common pharmacophore in central nervous system drugs.