This compound is primarily utilized in organic synthesis and pharmaceutical research due to its boronic acid functional group, which is valuable in Suzuki-Miyaura cross-coupling reactions. These reactions are widely employed to form carbon-carbon bonds, making it essential in the development of complex organic molecules, including potential drug candidates. Its piperazine moiety enhances solubility and bioavailability, making it a useful intermediate in the design of biologically active compounds. Additionally, it may serve as a building block in the synthesis of molecules targeting specific enzymes or receptors, particularly in the development of therapeutics for diseases such as cancer or infections. Its sulfonyl group further contributes to its reactivity, enabling diverse chemical modifications.