This compound is primarily used in organic synthesis, particularly in cross-coupling reactions like Suzuki-Miyaura coupling. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in constructing complex organic molecules, such as pharmaceuticals and agrochemicals. The piperidine moiety enhances its solubility and reactivity in various organic solvents, facilitating its use in medicinal chemistry for drug discovery and development. Additionally, its pyridine ring contributes to its role as a ligand in catalysis, aiding in the stabilization of transition metal complexes.