This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a crucial boronic acid reagent, enabling the formation of carbon-carbon bonds in the production of complex organic molecules. Its application is significant in pharmaceutical research and development, where it aids in the creation of drug intermediates and active pharmaceutical ingredients (APIs). Additionally, it is employed in material science for the synthesis of advanced materials, including polymers and liquid crystals, due to its ability to introduce specific functional groups into molecular structures. Its morpholinosulfonyl group enhances its solubility and reactivity, making it a valuable tool in various chemical transformations.