This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. 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 hydroxypiperidine moiety enhances its solubility and stability in various reaction conditions, facilitating its use in aqueous or polar solvent systems. Additionally, its fluorine atom can influence the electronic properties of the resulting compounds, potentially improving their biological activity or metabolic stability. This chemical is often employed in the development of drug candidates, where precise structural modifications are crucial for optimizing efficacy and safety.