This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions. It serves as a key intermediate in the production of pharmaceuticals and agrochemicals, enabling the formation of complex molecular structures. Its boronate ester group facilitates efficient Suzuki-Miyaura coupling, a widely used method for creating carbon-carbon bonds. This makes it valuable in developing active pharmaceutical ingredients (APIs) and other fine chemicals. Additionally, its fluorine-containing structure enhances the stability and bioavailability of the resulting compounds, making it a preferred choice in drug discovery and development processes.