This compound is primarily utilized in organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of novel drug candidates, particularly in the synthesis of small molecules targeting specific biological pathways. Its boronic acid group makes it valuable in Suzuki-Miyaura cross-coupling reactions, a widely used method for forming carbon-carbon bonds in the construction of complex organic molecules. Additionally, its structural features, including the cyclopentyl and piperidinyl groups, contribute to its potential in designing compounds with enhanced binding affinity and selectivity for biological targets, such as enzymes or receptors. This makes it a useful tool in medicinal chemistry for exploring new therapeutic agents.