This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate in the production of various pharmaceuticals, enabling the formation of carbon-carbon bonds in complex molecules. Its boronic acid group facilitates the coupling with aryl halides, making it valuable in the synthesis of biologically active compounds. Additionally, its piperazine moiety enhances solubility and interaction with biological targets, making it useful in drug discovery and development. The fluorine atom can influence the metabolic stability and binding affinity of the resulting molecules, contributing to the optimization of drug candidates.