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 molecules. The presence of chlorine and fluorine substituents allows for further functionalization and enhances electronic properties useful in drug design. Commonly applied in the synthesis of bioactive compounds and intermediates for medicinal chemistry research.