This compound is primarily used in organic synthesis, particularly in cross-coupling reactions like Suzuki-Miyaura coupling, which is essential for creating complex organic molecules. Its boronate ester group makes it a valuable intermediate for constructing carbon-carbon bonds, often applied in pharmaceutical research and drug development. Additionally, it serves as a building block in the synthesis of biologically active compounds, enabling the exploration of new therapeutic agents. Its morpholine moiety can also contribute to enhancing solubility and bioavailability in drug design.