This chemical is primarily utilized in the field of organic synthesis, particularly in the development of pharmaceutical compounds. It serves as a key intermediate in the preparation of biologically active molecules, often playing a crucial role in the construction of complex structures. The presence of the boronic acid group makes it valuable for Suzuki-Miyaura cross-coupling reactions, a widely used method for forming carbon-carbon bonds in drug discovery and materials science. Additionally, the tert-butoxycarbonyl (Boc) protecting group on the piperazine moiety allows for selective deprotection, enabling further functionalization of the molecule. Its application is especially significant in the synthesis of targeted therapies, including enzyme inhibitors and receptor modulators, contributing to advancements in medicinal chemistry.