This chemical is primarily utilized in organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of biologically active compounds, particularly in the creation of inhibitors targeting specific enzymes or receptors. Its boronic acid group makes it valuable in Suzuki-Miyaura cross-coupling reactions, a widely used method for forming carbon-carbon bonds in drug discovery and material science. Additionally, its sulfonyl and hydroxypiperidinyl groups contribute to its potential in designing molecules with improved solubility and binding affinity, making it useful in the optimization of drug candidates for therapeutic applications.