This chemical is primarily utilized in the development of pharmaceuticals, particularly in the research and synthesis of novel therapeutic agents. Its unique structure makes it a valuable intermediate in the creation of boron-containing compounds, which are increasingly explored for their potential in medicinal chemistry. Specifically, it is investigated for applications in treating inflammatory diseases and infections, as boron-based molecules often exhibit significant biological activity. Additionally, its fluorinated aromatic rings enhance its stability and bioavailability, making it a promising candidate for drug discovery efforts targeting complex diseases. Researchers also study its potential use in developing enzyme inhibitors, which could lead to new treatments for conditions like cancer or autoimmune disorders.