This chemical is primarily utilized in organic synthesis and pharmaceutical research, particularly as a boronic acid derivative in Suzuki-Miyaura cross-coupling reactions. Its structure, featuring a piperazine ring and a sulfonyl group, makes it a valuable intermediate for constructing complex molecules, especially in the development of biologically active compounds. It is often employed in the synthesis of drug candidates targeting various diseases, including cancer and neurological disorders. Additionally, its boronic acid moiety allows for its use in sensor development, particularly in the detection of sugars and other diol-containing molecules. The compound’s versatility and functional groups make it a key player in medicinal chemistry and material science applications.