This compound is widely utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for constructing complex molecules, especially in pharmaceutical research and development. The Boc-protected piperidine moiety enhances its stability and allows for selective deprotection during multi-step synthesis. Its boronic ester group facilitates efficient coupling with aryl or vinyl halides, enabling the formation of carbon-carbon bonds. This makes it valuable in the synthesis of biologically active compounds, including drug candidates targeting various diseases. Additionally, its furan ring contributes to the diversity of chemical structures that can be achieved, further expanding its applications in medicinal chemistry and material science.