This chemical is primarily used in organic synthesis, particularly in the development of pharmaceuticals and bioactive compounds. Its boronic acid group enables it to participate in Suzuki-Miyaura cross-coupling reactions, a widely used method for forming carbon-carbon bonds. This makes it valuable in constructing complex molecules, such as drugs targeting specific biological pathways. The tert-butoxycarbonyl (Boc) protecting group on the piperazine moiety ensures stability during synthetic processes, allowing selective deprotection when needed. It is often employed in the synthesis of protease inhibitors, receptor antagonists, and other therapeutic agents, especially in medicinal chemistry research. Additionally, its structure makes it useful in the development of boron-based probes for biochemical studies.