This compound is widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate in the production of pharmaceuticals, agrochemicals, and advanced materials. Its boronic acid group enables efficient coupling with aryl halides, facilitating the formation of biaryl structures, which are common in drug molecules. Additionally, it is employed in the development of fluorescent probes and sensors due to its ability to interact with specific biological targets. Its fluorine substituent enhances its reactivity and stability, making it a valuable component in the synthesis of complex organic compounds.