This compound is primarily utilized in organic synthesis as a key intermediate, particularly in the preparation of pharmaceuticals and biologically active molecules. Its boronic acid functional group makes it valuable in Suzuki-Miyaura cross-coupling reactions, which are widely employed to form carbon-carbon bonds in drug discovery and development. The piperazine moiety in the structure contributes to its potential application in designing compounds with affinity for central nervous system targets, such as receptors or enzymes. It may also be explored in the development of novel therapeutic agents, including antipsychotics or antidepressants, due to its structural similarity to pharmacologically active piperazine derivatives. Additionally, its unique structure could be leveraged in the synthesis of advanced materials or ligands for catalytic systems.