This chemical is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key reagent for forming carbon-carbon bonds, enabling the construction of complex organic molecules. Its boronic acid group reacts with aryl or vinyl halides in the presence of a palladium catalyst, making it valuable in pharmaceutical research and development for creating drug intermediates. Additionally, it is utilized in material science for synthesizing advanced organic materials with specific electronic or optical properties. Its bromo and fluoro substituents enhance its reactivity and selectivity in these applications.