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 pharmaceutical research and development. The boronic acid group enables the formation of carbon-carbon bonds, making it valuable for creating biologically active compounds. Its structure, featuring a piperidinone moiety, suggests potential applications in designing drugs targeting neurological or metabolic disorders. Additionally, it may be used in material science for developing advanced polymers or coatings with specific functional properties.