Used in Suzuki-Miyaura cross-coupling reactions as a boronic ester reagent to construct biaryl and aryl-heteroaryl frameworks in pharmaceutical and agrochemical synthesis. Its piperazine moiety enables modulation of solubility and binding properties, making it valuable in medicinal chemistry for designing drug candidates targeting CNS disorders and oncology. The pinacol ester group enhances stability and handling compared to the free boronic acid, facilitating storage and use in high-yielding catalytic transformations.