This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in the synthesis of complex organic molecules, including pharmaceuticals and agrochemicals. The morpholine moiety enhances its solubility and stability, facilitating its use in various reaction conditions. It is often employed in the development of biologically active compounds, contributing to drug discovery and material science research.