This compound is primarily utilized in organic synthesis, particularly in the field of medicinal chemistry, where it serves as a key intermediate in the development of pharmaceutical agents. Its boronic acid group makes it valuable for Suzuki-Miyaura cross-coupling reactions, a widely used method for forming carbon-carbon bonds. This reaction is essential in creating complex molecules, including potential drug candidates. Additionally, the tert-butoxycarbonyl (Boc) protecting group on the piperazine moiety allows for selective deprotection, enabling further functionalization of the molecule. This versatility makes it a useful building block in the synthesis of compounds targeting various biological pathways, such as enzyme inhibitors or receptor modulators. Its application is particularly relevant in the design of small molecules for therapeutic purposes, including oncology, neuroscience, and infectious disease research.