This compound is primarily utilized in organic synthesis and medicinal chemistry as a key intermediate in the development of biologically active molecules. Its boronic acid group makes it valuable in Suzuki-Miyaura cross-coupling reactions, which are widely employed to construct complex organic frameworks, particularly in the synthesis of pharmaceuticals and agrochemicals. The piperazine moiety enhances its potential as a building block for drug candidates, especially in the design of compounds targeting central nervous system disorders, due to its ability to improve pharmacokinetic properties. Additionally, its structural features make it a promising candidate for the development of enzyme inhibitors and receptor modulators, particularly in the field of oncology and neurology.