This chemical is primarily used in organic synthesis and medicinal chemistry as a key intermediate in the development of pharmaceuticals. Its boronic acid group makes it valuable in Suzuki-Miyaura cross-coupling reactions, which are widely employed to construct carbon-carbon bonds in drug discovery. The tert-butoxycarbonyl (Boc) protecting group on the piperazine moiety allows for selective deprotection, enabling further functionalization of the molecule. It is often utilized in the synthesis of complex molecules, particularly those targeting central nervous system disorders, cancer, and infectious diseases. Additionally, its structure is beneficial in the design of protease inhibitors and receptor modulators due to its ability to interact with biological targets.