This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. Its boronic ester functional group enables the formation of carbon-carbon bonds, making it valuable in the construction of complex organic molecules, including pharmaceuticals and agrochemicals. The presence of the N-methylpiperazine moiety enhances its solubility and reactivity in various reaction conditions, facilitating its use in drug discovery and development. Additionally, it serves as a key intermediate in the synthesis of biologically active compounds, contributing to advancements in medicinal chemistry.