This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. Its boronic acid group facilitates the formation of carbon-carbon bonds, making it valuable in the production of complex organic molecules, including pharmaceuticals and agrochemicals. The presence of the piperazine moiety enhances its solubility and reactivity in various organic solvents, which is advantageous in drug discovery and development processes. Additionally, its fluorine atom can improve the metabolic stability and bioavailability of the resulting compounds, making it a useful intermediate in the synthesis of biologically active molecules.