This compound is primarily utilized in organic synthesis as a key intermediate for the preparation of more complex molecules, particularly in the pharmaceutical industry. Its boronic ester functional group makes it valuable in Suzuki-Miyaura cross-coupling reactions, which are widely employed to form carbon-carbon bonds. This reaction is essential in the development of various drugs, agrochemicals, and advanced materials. Additionally, its specific fluorinated aromatic structure can contribute to the enhancement of metabolic stability and bioavailability in drug candidates, making it a crucial component in medicinal chemistry research.