This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronic acid functional group enables it to act as a key reagent in forming carbon-carbon bonds, which is essential in the synthesis of complex organic molecules, including pharmaceuticals and agrochemicals. The tert-butyldimethylsilyl (TBDMS) protecting group enhances its stability and selectivity during reactions, making it suitable for use in multi-step synthetic processes. Additionally, its piperazine moiety contributes to its solubility and reactivity in various organic solvents, facilitating its application in diverse chemical transformations. This compound is often employed in the development of biologically active compounds, including potential drug candidates, due to its ability to introduce specific functional groups into target molecules.