This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronate ester group makes it a valuable intermediate for forming carbon-carbon bonds, which is essential in the development of pharmaceuticals, agrochemicals, and advanced materials. The benzyl and tetrahydropyridine moieties further enhance its reactivity and versatility, allowing it to be incorporated into complex molecular structures. Its application is particularly significant in medicinal chemistry, where it aids in the synthesis of bioactive molecules and drug candidates.