Used as an intermediate in Suzuki-Miyaura cross-coupling reactions for the synthesis of complex organic molecules, particularly in pharmaceutical and agrochemical research. Its boronate ester group enables efficient carbon-carbon bond formation with aryl or vinyl halides under palladium catalysis. The presence of a fluorine atom and a hydroxymethyl functional group allows for further structural diversification, making it valuable in the development of bioactive compounds and functional materials. Commonly employed in medicinal chemistry for constructing fluorinated aromatic scaffolds with tailored electronic and metabolic properties.