This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, due to its boronic acid functional group. It serves as a key intermediate in the preparation of pharmaceuticals, enabling the formation of carbon-carbon bonds in complex molecules. Its fluorine substituent can enhance the stability and reactivity of the resulting compounds, making it valuable in drug discovery and development. Additionally, it is employed in the synthesis of biologically active molecules, including potential therapeutic agents targeting specific diseases. Its hydrochloride form improves solubility and handling in various chemical processes.