This chemical is primarily utilized in organic synthesis as a key intermediate in the preparation of various pharmaceutical compounds. Its boronate ester group makes it valuable in Suzuki-Miyaura cross-coupling reactions, which are widely employed to form carbon-carbon bonds in drug discovery and development. Additionally, the presence of the fluoro and nitrile groups enhances its reactivity, allowing it to participate in diverse chemical transformations. It is particularly useful in the synthesis of biologically active molecules, including potential therapeutic agents targeting specific diseases. Its application extends to materials science, where it can be used to create advanced polymers or functionalized materials with tailored properties.