This chemical is primarily utilized in organic synthesis, particularly in the development of pharmaceuticals and biologically active compounds. It serves as a key intermediate in the preparation of complex molecules, often in the context of Suzuki-Miyaura cross-coupling reactions, which are widely used to form carbon-carbon bonds. The presence of the boronic acid group makes it a valuable reagent for coupling with aryl halides, enabling the synthesis of biaryl structures commonly found in drug molecules. Additionally, the tert-butoxycarbonyl (Boc) protecting group on the piperazine moiety allows for selective deprotection, facilitating further functionalization in multi-step synthetic pathways. Its application is particularly relevant in the synthesis of targeted therapies, including kinase inhibitors and other small-molecule drugs.