This compound is primarily utilized in organic synthesis and medicinal chemistry due to its boronic acid functional group, which makes it a valuable building block for Suzuki-Miyaura cross-coupling reactions. These reactions are widely employed in the synthesis of complex organic molecules, including pharmaceuticals and agrochemicals. The presence of the hydroxypiperidine moiety enhances its potential as a pharmacophore, making it useful in the development of drug candidates, particularly those targeting neurological or metabolic disorders. Additionally, its fluorine atom can improve metabolic stability and bioavailability, making it a promising intermediate in the design of bioactive molecules.