This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura reactions, where it acts as a boronic acid derivative to form carbon-carbon bonds. Its structure, featuring a fluoro and piperidine moiety, enhances its reactivity and selectivity in these reactions, making it valuable for constructing complex organic molecules, including pharmaceuticals and agrochemicals. Additionally, its hydrochloride form improves solubility and stability, facilitating its use in various chemical processes. Researchers often employ it in the development of drug candidates, especially in targeting specific biological pathways due to its unique functional groups.