Used as a key intermediate in the synthesis of fluorinated pharmaceuticals and agrochemicals due to its stable borate-fluoride structure. Its hydroxyl and fluorinated phenyl groups enable selective cross-coupling reactions, making it valuable in medicinal chemistry for building complex organic molecules. Also employed in materials science for developing fluorescent probes and optoelectronic materials, where the boron and fluorine atoms enhance electron transport properties. The compound’s stability and reactivity profile allow for efficient transformations under mild conditions, particularly in Suzuki-Miyaura coupling reactions.