This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction, where it acts as a boronic ester reagent. Its Boc-protected piperidine moiety makes it valuable in the synthesis of complex molecules, especially in pharmaceutical research, where it can be used to introduce specific functional groups into target molecules. The compound’s stability and reactivity make it suitable for constructing heterocyclic compounds, which are often found in drug discovery and development. Additionally, it can serve as an intermediate in the preparation of bioactive compounds, particularly those targeting neurological or therapeutic pathways involving piperidine derivatives.