Used in organic synthesis as a building block for pharmaceuticals and agrochemicals. Serves as a key intermediate in Suzuki-Miyaura cross-coupling reactions to construct carbon-carbon bonds, especially in the development of fluorinated drug candidates. Its boronic acid group enables easy functionalization, while the fluorine atoms enhance metabolic stability and bioavailability in medicinal chemistry applications. Also employed in the synthesis of fluorescent probes and sensors due to its ability to interact with diols and other biomolecules.