This compound is primarily utilized in organic synthesis and medicinal chemistry due to its boronic acid functional group, which is valuable in Suzuki-Miyaura cross-coupling reactions. These reactions are pivotal for constructing carbon-carbon bonds, enabling the synthesis of complex organic molecules, including pharmaceuticals and agrochemicals. The presence of the ethylpiperazine moiety enhances its solubility and reactivity, making it a versatile intermediate in drug discovery. Additionally, the fluorine atom can influence the compound's binding affinity and metabolic stability, making it useful in the development of bioactive molecules targeting specific enzymes or receptors. Its application extends to materials science, where it can be used to modify polymers or create advanced materials with tailored properties.