This compound is primarily utilized in organic synthesis, particularly in the development of pharmaceuticals. It serves as a key intermediate in the preparation of complex molecules, especially those targeting therapeutic applications. Its boronic acid group enables it to participate in Suzuki-Miyaura cross-coupling reactions, a widely used method for forming carbon-carbon bonds. This makes it valuable in constructing biologically active compounds, such as inhibitors or receptor modulators. Additionally, the tert-butoxycarbonyl (Boc) protecting group on the piperazine moiety allows for selective deprotection and further functionalization, enhancing its versatility in drug discovery and medicinal chemistry research. Its application is particularly relevant in the synthesis of compounds for oncology, neurology, and infectious disease treatments.