This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it serves as a boronic acid reagent. Its structure, featuring a piperidine ring and a methoxy group, makes it valuable for constructing complex molecules, especially in pharmaceutical research. It is often employed in the development of drug candidates, where the boronic acid moiety facilitates the formation of carbon-carbon bonds, enabling the synthesis of biologically active compounds. Additionally, its stability and reactivity make it suitable for use in medicinal chemistry for targeting specific enzymes or receptors.