This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a key intermediate in the preparation of complex molecules, including pharmaceuticals and biologically active compounds. Its boronic acid group enables efficient coupling with aryl halides, facilitating the construction of carbon-carbon bonds. Additionally, the tert-butoxycarbonyl (Boc) protecting group on the piperazine moiety allows for selective deprotection, enabling further functionalization in multi-step synthetic pathways. This compound is valuable in medicinal chemistry for designing and synthesizing drug candidates with potential therapeutic applications.