Widely used in Suzuki-Miyaura cross-coupling reactions, this compound serves as a key intermediate in the synthesis of pharmaceuticals and agrochemicals. Its boronate ester group enables efficient carbon-carbon bond formation under mild conditions, making it valuable in medicinal chemistry for constructing biaryl systems. The presence of fluorine atoms enhances binding selectivity and metabolic stability in target molecules. It is particularly useful in the development of fluorinated drug candidates where precise structural control is required. Additionally, it finds application in materials science for creating functional organic molecules with tailored electronic properties.