This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a key intermediate in the production of various pharmaceuticals, enabling the formation of carbon-carbon bonds essential for constructing complex molecular structures. Its boronic acid group facilitates efficient coupling with aryl halides, making it valuable in drug discovery and development. Additionally, it is employed in the synthesis of biologically active molecules, including potential therapeutic agents targeting neurological and oncological conditions. Its fluorine and piperazine components further enhance its utility in designing compounds with specific pharmacological properties.