This compound is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key building block for creating complex organic molecules, including pharmaceuticals and agrochemicals. Its boronic acid group enables efficient coupling with aryl halides, facilitating the formation of carbon-carbon bonds. Additionally, it is employed in the development of biologically active compounds, where the fluorine atom can enhance metabolic stability and binding affinity. Researchers also utilize it in material science for designing advanced polymers and functional materials. Its versatility makes it valuable in drug discovery and medicinal chemistry.