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 group makes it valuable in Suzuki-Miyaura cross-coupling reactions, a widely used method for forming carbon-carbon bonds in the synthesis of complex organic compounds, including potential drug candidates. The presence of the ethylpiperazine moiety suggests potential applications in the design of compounds targeting neurological or psychiatric disorders, as this structural feature is often found in drugs affecting the central nervous system. Additionally, its sulfonyl group can enhance the compound's ability to interact with biological targets, making it useful in medicinal chemistry for the development of enzyme inhibitors or receptor modulators. Researchers may also explore its use in the synthesis of materials for chemical sensors, leveraging the boronic acid group's ability to bind with diols and other specific molecules.