Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its boronic acid group enables it to participate in Suzuki-Miyaura cross-coupling reactions, a crucial step in creating complex organic compounds, particularly in drug discovery. The piperazine moiety enhances its potential as a building block for designing drugs targeting central nervous system disorders, such as antipsychotics or antidepressants. Additionally, its fluorine atom can improve metabolic stability and bioavailability, making it valuable in developing therapeutic agents. Researchers also utilize it in the study of enzyme inhibitors and receptor modulators due to its structural versatility.