Primarily utilized in organic synthesis, this compound serves as a key intermediate in the preparation of complex molecules, particularly in the development of pharmaceuticals. Its boronic acid group enables participation in Suzuki-Miyaura cross-coupling reactions, a widely used method for forming carbon-carbon bonds, which is essential in creating active pharmaceutical ingredients (APIs). The presence of the fluorine atom enhances its reactivity and selectivity in these reactions, making it valuable for constructing fluorinated aromatic compounds, which are increasingly important in drug design due to their metabolic stability and bioavailability. Additionally, it can be employed in the synthesis of agrochemicals and advanced materials, where precise molecular architecture is required.