This compound is primarily utilized in organic synthesis and medicinal chemistry as a building block for the development of pharmaceutical agents. Its boronic acid functional group makes it a valuable intermediate in Suzuki-Miyaura cross-coupling reactions, which are widely employed to form carbon-carbon bonds in the synthesis of complex molecules, including drug candidates. The ethylpiperazine moiety enhances its solubility and bioavailability, making it suitable for designing compounds with potential therapeutic applications, particularly in targeting enzymes or receptors in neurological or oncological research. Additionally, its sulfonyl group contributes to its stability and reactivity, enabling its use in the creation of sulfonamide-based drugs, which are known for their antibacterial, antiviral, and anti-inflammatory properties.