This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. 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 presence of the fluoro and methylpiperazine groups enhances its reactivity and specificity, allowing for targeted modifications in drug development. It is often employed in the creation of biologically active compounds, such as kinase inhibitors, which are crucial in cancer therapy. Additionally, its structural features make it a useful intermediate in the design of novel therapeutic agents with improved efficacy and selectivity.