This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions, where it acts as a key building block for the formation of carbon-carbon bonds. Its boronic acid group enables it to participate in Suzuki-Miyaura reactions, which are widely employed in the pharmaceutical industry for the synthesis of complex molecules, including drug candidates. Additionally, it serves as an intermediate in the development of biologically active compounds, such as enzyme inhibitors or receptor modulators, due to its structural versatility. The piperidine moiety further enhances its potential in drug discovery, as it is a common pharmacophore in medicinal chemistry. Its applications also extend to materials science, where it can be used to create functionalized polymers or advanced materials with specific properties.