This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction, where it acts as a boronic acid reagent. Its structure, featuring a tert-butoxycarbonyl (Boc) protected piperazine moiety, makes it valuable for the introduction of piperazine derivatives into more complex molecules. The boronic acid group facilitates the formation of carbon-carbon bonds, enabling the synthesis of biaryl compounds, which are important in pharmaceuticals and agrochemicals. Additionally, the Boc protection allows for selective deprotection and further functionalization of the piperazine ring, making it a versatile intermediate in drug discovery and development. Its application is particularly relevant in the synthesis of biologically active compounds, including potential therapeutic agents targeting various diseases.