This compound is primarily utilized in organic synthesis and pharmaceutical research as a key intermediate. Its boronic acid functional group makes it valuable in Suzuki-Miyaura cross-coupling reactions, which are widely employed to form carbon-carbon bonds in the synthesis of complex organic molecules, including drug candidates. The presence of the methylpiperazine moiety enhances its potential applications in the development of biologically active compounds, particularly in the design of molecules targeting central nervous system disorders or cancer. Its sulfonyl group further contributes to its versatility in medicinal chemistry, often improving solubility and binding affinity to target proteins.