This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. Its boronic acid functional group enables it to act as a key reagent in forming carbon-carbon bonds, which is essential for constructing complex organic molecules. The presence of the ethylpiperazine moiety enhances its solubility and stability in various reaction conditions, making it suitable for use in pharmaceutical research and development. It is often employed in the synthesis of drug intermediates, where precise and efficient coupling reactions are crucial. Additionally, its fluorophenyl group can contribute to the overall pharmacological properties of the target molecules, such as improved bioavailability or metabolic stability.