This chemical is primarily used in organic synthesis, particularly in the field of medicinal chemistry. It serves as a key intermediate in the development of pharmaceutical compounds, especially those targeting complex diseases. Its boronic acid group is essential for Suzuki-Miyaura cross-coupling reactions, a widely used method to form carbon-carbon bonds in drug discovery. The tert-butoxycarbonyl (Boc) protecting group on the piperazine moiety allows for selective deprotection, enabling further functionalization of the molecule. This compound is valuable in creating biologically active molecules, such as enzyme inhibitors or receptor modulators, contributing to the synthesis of potential therapeutic agents.