This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting enzyme inhibition or receptor modulation. Its boronic acid group makes it valuable in Suzuki-Miyaura cross-coupling reactions, which are widely employed to create complex organic compounds, including potential pharmaceuticals. Additionally, its structure, featuring a piperazine moiety, is often incorporated into molecules designed to interact with central nervous system targets, making it relevant in the development of neuroactive drugs. Its fluorine atom can enhance metabolic stability and bioavailability, contributing to its use in optimizing drug candidates.