This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for constructing complex molecules, often in the development of pharmaceuticals and agrochemicals. Its boronic acid group enables efficient coupling with aryl halides, facilitating the formation of biaryl structures, which are common in active drug ingredients. Additionally, the presence of the fluorine atom and piperidine moiety can enhance the biological activity of the resulting compounds, making it valuable in medicinal chemistry research.