Used in organic synthesis as a building block for creating complex molecules, particularly in Suzuki-Miyaura cross-coupling reactions. This reaction is essential for forming carbon-carbon bonds, which is crucial in pharmaceuticals, agrochemicals, and materials science. It is also employed in the development of fluorescent probes and sensors due to its boronic ester group, which can selectively bind to diols and sugars. Additionally, it serves as an intermediate in the preparation of bioactive compounds and drug candidates, particularly in targeting diseases like cancer and diabetes. Its fluorine atom enhances stability and bioavailability in medicinal chemistry applications.