This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for constructing complex molecules, especially in the pharmaceutical industry, where it aids in the development of drug candidates. Its boronic acid group enables efficient coupling with aryl halides, facilitating the formation of carbon-carbon bonds. Additionally, the morpholinoethoxy moiety enhances solubility and reactivity, making it suitable for diverse chemical transformations. Its applications extend to material science, where it contributes to the synthesis of advanced polymers and organic electronic materials.