Used in organic synthesis as a building block for pharmaceuticals and agrochemicals, particularly in Suzuki-Miyaura cross-coupling reactions to form carbon-carbon bonds. Its boronic acid group enables coupling with aryl halides, while the bromo and fluoro substituents provide sites for further functionalization or influence electronic properties. The hydroxy group can act as a directing group in metal-catalyzed reactions or be modified to esters and ethers. Commonly applied in the development of bioactive molecules and functional materials, including electronics, requiring specific substitution patterns on aromatic rings.