Used primarily in organic synthesis, this compound serves as a key intermediate in the production of pharmaceuticals, particularly in the development of drugs targeting various diseases. Its boronic acid group makes it valuable in Suzuki-Miyaura cross-coupling reactions, a widely used method for forming carbon-carbon bonds in complex organic molecules. Additionally, it finds application in the preparation of bioactive compounds and materials with potential use in medicinal chemistry. The presence of the fluorobenzyloxy group enhances its utility in creating molecules with specific biological activities, such as enzyme inhibitors or receptor modulators. It is also employed in research settings for the development of new chemical entities with potential therapeutic applications.