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, especially in the pharmaceutical industry. The boronic acid group enables the formation of carbon-carbon bonds, making it valuable for synthesizing various bioactive compounds and drug intermediates. Additionally, its specific structure, containing both ethoxy and fluoro substituents, allows for fine-tuning of electronic properties in the resulting molecules, which is crucial for developing drugs with desired activity and selectivity. It is also employed in material science for designing advanced materials with specific functionalities.