This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a key intermediate for the formation of carbon-carbon bonds, enabling the creation of complex organic molecules. Its boronic acid group facilitates the coupling with aryl halides, making it valuable in the production of pharmaceuticals, agrochemicals, and advanced materials. Additionally, it is employed in the development of fluorescent probes and sensors due to its ability to interact with specific biomolecules, aiding in biochemical research and diagnostics. Its nitro and fluoro substituents further enhance its reactivity and selectivity in various chemical transformations.