This compound is primarily utilized in organic synthesis and medicinal chemistry as a key intermediate for the development of pharmaceutical agents. Its boronic acid functional group makes it valuable in Suzuki-Miyaura cross-coupling reactions, which are widely employed to construct carbon-carbon bonds in the synthesis of complex molecules, including drug candidates. The hydroxypiperidine moiety contributes to its potential in designing compounds with enhanced biological activity, particularly in targeting neurological disorders or as part of kinase inhibitors. Additionally, its structural features make it a promising candidate for probing enzyme interactions or as a scaffold in the development of bioactive molecules.