This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. Its boronate ester group acts as a key intermediate, enabling the formation of carbon-carbon bonds between aryl or vinyl boronic acids and aryl or vinyl halides. This reaction is widely applied in the pharmaceutical industry for the synthesis of complex molecules, including drug candidates and bioactive compounds. Additionally, the fluorine-containing ethoxy group enhances its stability and reactivity, making it suitable for use in advanced material science, such as the development of organic electronic materials and polymers. Its unique structure also allows for potential applications in the design of fluorescent probes and imaging agents in biochemical research.