This compound is primarily utilized in organic synthesis and medicinal chemistry due to its boronic acid functional group, which is essential in Suzuki-Miyaura cross-coupling reactions. These reactions are widely employed to form carbon-carbon bonds, making it valuable in the synthesis of complex organic molecules, including pharmaceuticals and agrochemicals. The presence of the 4-methylpiperazine moiety enhances its potential as a building block in drug discovery, particularly for targeting central nervous system disorders or as a component in the development of kinase inhibitors. Its fluorine substituent can improve metabolic stability and binding affinity, making it a useful intermediate in the design of bioactive compounds.