Used primarily in organic synthesis, this compound serves as a key intermediate in the preparation of pharmaceuticals, particularly in the development of drugs targeting specific biological pathways. Its boronic acid group enables it to participate in Suzuki-Miyaura cross-coupling reactions, a widely used method for forming carbon-carbon bonds in the synthesis of complex organic molecules. Additionally, its difluorophenoxy moiety can enhance the metabolic stability and bioavailability of drug candidates, making it valuable in medicinal chemistry. The presence of anhydride may influence its reactivity, allowing for tailored modifications in synthetic routes.