Used primarily in organic synthesis and pharmaceutical research, this compound serves as a key intermediate in the development of various therapeutic agents. Its boronic acid group enables it to participate in Suzuki-Miyaura cross-coupling reactions, a widely used method for forming carbon-carbon bonds. This makes it valuable in creating complex molecules, particularly in the synthesis of drugs targeting cancer, inflammation, and other diseases. Additionally, its fluorophenyl moiety can enhance the bioavailability and metabolic stability of the resulting compounds, making it a crucial component in drug design and optimization.