This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in constructing complex organic molecules, including pharmaceuticals and agrochemicals. Additionally, its pyridine and piperidine moieties contribute to its potential as a ligand in catalysis, enhancing the efficiency of various chemical transformations. It is also explored in medicinal chemistry for designing bioactive compounds due to its structural features that can interact with biological targets.