This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of biologically active molecules, particularly those targeting specific enzymes or receptors. Its boronate ester functional group makes it valuable in Suzuki-Miyaura cross-coupling reactions, a widely used method in organic synthesis for constructing carbon-carbon bonds. This enables the creation of complex pharmaceutical compounds with potential therapeutic applications. Additionally, its piperidine and carboxamide moieties contribute to its role in designing compounds with enhanced pharmacokinetic properties, such as improved bioavailability and metabolic stability. Researchers often employ this chemical in the development of potential treatments for neurological disorders, cancer, and inflammatory diseases due to its structural versatility and reactivity.