This compound is primarily used in organic synthesis, particularly in cross-coupling reactions like the Suzuki-Miyaura reaction. It serves as a key building block for creating complex molecules, especially in pharmaceutical research and development. Its boronic acid group enables efficient coupling with various aryl halides, facilitating the synthesis of biologically active compounds. Additionally, it is utilized in the preparation of intermediates for drug candidates, particularly those targeting cancer, inflammation, and infectious diseases. The morpholine moiety enhances its solubility and stability, making it suitable for diverse chemical transformations.