This compound is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate in the production of complex organic molecules, including pharmaceuticals and agrochemicals. Its boronic acid group facilitates the formation of carbon-carbon bonds, enabling the synthesis of biaryl compounds, which are essential in drug development. Additionally, the morpholine moiety enhances its solubility and stability, making it suitable for use in various reaction conditions. This chemical is also explored in material science for the development of advanced polymers and functional materials.