This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate in the production of pharmaceuticals and bioactive molecules, enabling the formation of carbon-carbon bonds. Its boronic acid group facilitates the coupling with aryl halides, making it valuable in constructing complex organic frameworks. Additionally, it finds application in the development of targeted drug delivery systems and in the synthesis of compounds with potential therapeutic properties. The morpholine moiety enhances its solubility and stability, making it suitable for various chemical transformations.