This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it acts as a boronic acid reagent. Its structure, featuring a boronic acid group, makes it valuable for forming carbon-carbon bonds, which is essential in constructing complex organic molecules. The presence of the cyclopropylamino and fluorine groups can enhance its reactivity and selectivity in these reactions, making it useful in the development of pharmaceuticals and fine chemicals. Additionally, its hydrochloride form improves stability and solubility, facilitating its handling and application in various synthetic processes.