Used primarily in cross-coupling reactions such as Suzuki-Miyaura coupling, this compound serves as a key building block in the synthesis of complex organic molecules, especially in pharmaceutical and agrochemical industries. The presence of the fluoro group enhances metabolic stability and lipophilicity in drug candidates, making it valuable in medicinal chemistry. The boronate ester functionality allows for efficient carbon-carbon bond formation, enabling the construction of biaryl and heterobiaryl systems commonly found in active pharmaceutical ingredients. Its ester group can be further modified, offering a handle for downstream functionalization in multi-step syntheses. Due to its reactivity and selectivity, it is widely used in research and development of new therapeutic agents.