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, which are widely employed to construct carbon-carbon bonds in the synthesis of complex organic compounds, including drugs and agrochemicals. Additionally, the ethylpiperazine moiety in its structure suggests potential applications in designing compounds with pharmacological properties, such as receptor binding or enzyme inhibition, often explored in drug discovery for targeting diseases like cancer or neurological disorders. Its sulfonyl group further enhances its utility in modifying solubility and reactivity, making it a versatile building block in medicinal chemistry.