This compound is primarily utilized in organic synthesis and pharmaceutical research, particularly as a key intermediate in the development of biologically active molecules. Its boronic acid group makes it valuable in Suzuki-Miyaura cross-coupling reactions, which are widely used to construct carbon-carbon bonds in the synthesis of complex organic compounds, including potential drug candidates. The piperazine moiety enhances its utility in designing molecules with specific pharmacological properties, such as receptor binding or enzyme inhibition. Additionally, its sulfonyl group contributes to its role in creating compounds with improved solubility and bioavailability. Researchers often employ this chemical in the discovery and optimization of new therapeutic agents, especially in areas like oncology and neurology.