Used extensively in Suzuki-Miyaura cross-coupling reactions, this compound serves as a key intermediate in the synthesis of complex organic molecules, particularly in pharmaceuticals. Its boronic acid group enables the formation of carbon-carbon bonds, facilitating the creation of biaryl structures often found in active pharmaceutical ingredients. Additionally, it is employed in the development of materials for organic electronics, where precise molecular architecture is crucial. The morpholine moiety enhances solubility and stability, making it suitable for various synthetic applications in both academic and industrial research settings.