This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. Its boronate ester group makes it a valuable intermediate for constructing complex organic molecules, especially in pharmaceutical research and development. It is often employed in the synthesis of bioactive compounds, including potential drug candidates, due to its ability to introduce aromatic rings with specific functional groups. Additionally, it is used in material science for creating advanced polymers and organic electronic materials, where precise molecular architecture is crucial. Its fluorine substituent further enhances its utility in designing molecules with improved metabolic stability and binding affinity.