This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it acts as a key reagent for forming carbon-carbon bonds. Its boronic acid group enables it to couple with aryl or vinyl halides in the presence of a palladium catalyst, making it valuable in the production of pharmaceuticals, agrochemicals, and advanced materials. Additionally, its fluorophenyl group can enhance the stability and reactivity of the molecule, making it suitable for creating complex organic structures. It is also explored in medicinal chemistry for designing drug candidates, particularly in targeting enzymes or receptors where the fluorine moiety can improve binding affinity and metabolic stability.