This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction, where it acts as a boron reagent to form carbon-carbon bonds. Its structure, featuring a fluorobenzylamino group, makes it valuable in the development of pharmaceuticals and agrochemicals, as it can introduce specific functional groups into complex molecules. Additionally, it is used in the preparation of biologically active compounds, including potential drug candidates, due to its ability to interact with various biological targets. The pinacol ester group enhances its stability, making it easier to handle and store during synthetic processes.