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 production of pharmaceuticals, agrochemicals, and advanced materials. The ethylpiperazine moiety enhances its solubility and reactivity in various solvents, facilitating its use in complex molecular constructions. Additionally, the fluorine atom can influence the electronic properties of the resulting compounds, potentially improving their biological activity or stability. It is often employed in the development of drug candidates, especially in the synthesis of aromatic and heteroaromatic systems.