This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of biologically active molecules, particularly in the development of targeted therapies. Its boronate ester functional group makes it valuable in Suzuki-Miyaura cross-coupling reactions, which are widely used to construct complex organic molecules, including potential drug candidates. Additionally, the fluorine substituent enhances its utility in the design of compounds with improved metabolic stability and binding affinity. Researchers often employ it in the discovery and optimization of novel therapeutic agents, especially in oncology and neurology, where precise molecular interactions are critical. Its structural features also make it suitable for use in PET (positron emission tomography) tracer development, aiding in diagnostic imaging.