This compound is widely used in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction, where it serves as a key intermediate for constructing complex molecules. Its boronic ester group facilitates the formation of carbon-carbon bonds, making it valuable in pharmaceutical research for developing drug candidates. The N-Boc protecting group ensures stability during reactions while allowing for selective deprotection when needed. Additionally, the fluorine substituent can enhance the biological activity of the final compounds, making it useful in the design of bioactive molecules. It is also employed in material science for creating advanced polymers and functionalized materials.