This chemical is primarily utilized in organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active compounds, particularly in the synthesis of kinase inhibitors. Its boronic acid group enables it to participate in Suzuki-Miyaura cross-coupling reactions, which are widely used to form carbon-carbon bonds in drug discovery. Additionally, it finds application in the preparation of complex molecules for potential therapeutic agents targeting cancer and other diseases. Its piperazine moiety further enhances its utility in designing compounds with improved pharmacokinetic properties.