This compound is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for the preparation of complex organic molecules, including pharmaceuticals and agrochemicals. Its boronic acid group enables efficient coupling with aryl halides, facilitating the construction of biaryl structures. Additionally, it is employed in the development of fluorescent probes and sensors due to its ability to interact with specific biological targets. Its fluorine and pyrazole moieties enhance its binding affinity and selectivity, making it valuable in drug discovery and material science applications.