Used in organic synthesis as a building block for pharmaceuticals and agrochemicals, particularly in Suzuki-Miyaura cross-coupling reactions to form carbon-carbon bonds. Its boronic acid group enables efficient coupling with aryl halides, making it valuable in the development of complex fluorinated compounds. The presence of fluorine atoms enhances metabolic stability and bioavailability in drug candidates, often utilized in medicinal chemistry for designing active ingredients in treatments targeting central nervous system disorders and inflammatory diseases. Also applied in materials science for creating fluorescent probes and sensors due to its electron-withdrawing nitro group and fluorine substitution pattern.