This compound is primarily utilized in organic synthesis and medicinal chemistry due to its boronic acid functional group, which enables it to participate in Suzuki-Miyaura cross-coupling reactions. These reactions are essential for forming carbon-carbon bonds, making it valuable in the development of pharmaceuticals and complex organic molecules. Its piperidine moiety contributes to its potential as a building block in drug discovery, particularly in the design of molecules targeting neurological disorders or as enzyme inhibitors. The fluorine atom enhances its metabolic stability and binding affinity, making it a useful intermediate in the synthesis of bioactive compounds.