Used as an intermediate in Suzuki-Miyaura cross-coupling reactions for the synthesis of complex organic molecules, particularly in pharmaceutical and agrochemical research. Its boronate ester group enables efficient carbon-carbon bond formation under mild conditions, making it valuable in the development of bioactive compounds and functional materials. Commonly employed in medicinal chemistry for constructing drug candidates targeting CNS disorders and inflammation due to the presence of the piperidine moiety, which is prevalent in pharmacologically active structures.