This chemical is primarily utilized in organic synthesis and medicinal chemistry as a versatile building block for the development of pharmaceutical compounds. Its boronic acid functional group makes it valuable in Suzuki-Miyaura cross-coupling reactions, which are widely employed to create carbon-carbon bonds in drug discovery and material science. The piperidine moiety enhances its potential as a precursor for designing bioactive molecules, particularly in the development of central nervous system (CNS) drugs, due to its ability to interact with biological targets. Additionally, its chlorine substituent provides opportunities for further functionalization, enabling the synthesis of diverse chemical structures with potential therapeutic applications.