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 fluorine atoms enhances metabolic stability and bioavailability in drug design, often utilized in the creation of biologically active compounds. Also applied in materials science for synthesizing functionalized aromatic compounds used in electronic and optical devices.