This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. Its boronate ester group makes it a valuable intermediate for constructing complex molecules, especially in pharmaceutical research and development. It is often employed in the synthesis of biologically active compounds, including potential drug candidates, due to its ability to facilitate the formation of carbon-carbon bonds. Additionally, it serves as a building block in the preparation of advanced materials, such as polymers and organic electronic components, where precise molecular architecture is required. Its morpholine moiety further enhances its utility in medicinal chemistry by contributing to the solubility and bioavailability of the target molecules.