Used primarily in organic synthesis, this compound serves as a key intermediate in the preparation of various pharmaceuticals, particularly those targeting enzyme inhibition or receptor modulation. The aminomethyl group allows for additional derivatizations, such as amide formations, enhancing its versatility. Its boronic acid group enables participation in Suzuki-Miyaura cross-coupling reactions, a widely used method for forming carbon-carbon bonds in drug development. The fluorine atom enhances its ability to interact with biological targets, making it valuable in the design of bioactive molecules. Additionally, it is employed in the development of diagnostic agents and imaging probes due to its specific reactivity and stability in aqueous environments.