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 functional group makes it valuable in Suzuki-Miyaura cross-coupling reactions, a widely used method for forming carbon-carbon bonds in the synthesis of complex organic compounds, including potential drug candidates. The presence of the 4-methylpiperazine moiety enhances its utility in designing compounds with improved pharmacokinetic properties, such as solubility and bioavailability. It is often employed in the discovery and optimization of therapeutics targeting specific enzymes or receptors, especially in cancer research and the development of kinase inhibitors. Additionally, its structural features make it a promising candidate for probing biochemical pathways and studying molecular interactions in medicinal chemistry.