This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in the synthesis of complex organic molecules, including pharmaceuticals and agrochemicals. The presence of the ethylpiperazine moiety can enhance solubility and bioavailability, making it suitable for drug development. Additionally, the fluorine atom can influence the electronic properties of the molecule, aiding in the design of compounds with specific biological activities. It is often employed in the production of intermediates for active pharmaceutical ingredients (APIs) and in the development of novel therapeutic agents.