This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key reagent for forming carbon-carbon bonds, enabling the construction of complex organic molecules. Its application is significant in pharmaceutical research, where it aids in the development of drug candidates by facilitating the introduction of fluorinated aromatic structures. Additionally, it is employed in material science for creating advanced organic materials with specific electronic or optical properties. The presence of the ethoxy and fluoro groups enhances its reactivity and selectivity in various chemical transformations.