This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in the construction of complex organic molecules, including pharmaceuticals and agrochemicals. The tert-butoxycarbonyl (Boc) protected piperazine moiety enhances its stability and solubility, facilitating its use in multi-step synthetic processes. It is often employed in the development of drug candidates, especially in the modification of aromatic systems to introduce fluorine atoms, which can improve metabolic stability and binding affinity. Additionally, its structure makes it suitable for use in the synthesis of biologically active compounds targeting various diseases, including cancer and neurological disorders.