This chemical is primarily used in organic synthesis, particularly in the development of pharmaceutical compounds. Its boronic acid group makes it a valuable reagent in Suzuki-Miyaura cross-coupling reactions, which are essential for forming carbon-carbon bonds in drug discovery and material science. The tert-butoxycarbonyl (Boc) protecting group on the piperazine moiety allows for selective deprotection, enabling further functionalization of the molecule. This compound is often employed in the synthesis of complex molecules, including potential therapeutic agents targeting diseases such as cancer, inflammation, and infections. Its fluorophenyl group enhances its utility in creating biologically active molecules with improved metabolic stability and binding affinity.