Used in organic synthesis as a key intermediate for the preparation of pharmaceuticals and agrochemicals. It is particularly valuable in Suzuki-Miyaura cross-coupling reactions, which are widely employed to construct carbon-carbon bonds in drug discovery and development. The boronic acid group facilitates the coupling with various aryl or vinyl halides, enabling the creation of complex molecules. Its piperidine moiety can enhance the biological activity of the resulting compounds, making it useful in designing molecules with potential therapeutic effects. Additionally, it is utilized in the development of materials science applications, such as organic electronic materials, due to its ability to form stable conjugated systems.