This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a boronic acid derivative, enabling the formation of carbon-carbon bonds, which is essential in constructing complex organic molecules. Its application is significant in pharmaceutical research, where it aids in the development of drug candidates by facilitating the synthesis of diverse chemical structures. Additionally, it is employed in material science for designing advanced materials with specific properties. The presence of the fluorine atom enhances its reactivity and selectivity, making it a valuable reagent in various chemical transformations.