This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it acts as a key reagent for forming carbon-carbon bonds. Its boronic acid group enables it to couple with various aryl or vinyl halides in the presence of a palladium catalyst, facilitating the creation of complex organic molecules. This makes it valuable in pharmaceutical research and development, where it is used to synthesize drug intermediates or active pharmaceutical ingredients (APIs). Additionally, its fluorine-containing structure can enhance the metabolic stability and bioavailability of the resulting compounds, making it particularly useful in designing drugs with improved efficacy.