This compound is primarily used in organic synthesis, particularly in cross-coupling reactions like the Suzuki-Miyaura reaction. It serves as a key intermediate in the production of pharmaceuticals, agrochemicals, and advanced materials. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable for constructing complex molecules. Additionally, it is utilized in the development of biologically active compounds, including potential drug candidates targeting various diseases. Its fluorine and bromine substituents enhance its reactivity and selectivity in specific chemical transformations.