This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting specific enzymes or receptors. Its boronic acid group makes it valuable in Suzuki-Miyaura cross-coupling reactions, a widely used method for creating carbon-carbon bonds in the construction of complex organic compounds. These reactions are essential in the production of pharmaceuticals, agrochemicals, and advanced materials. Additionally, the presence of the fluorine atom enhances its potential in designing drugs with improved metabolic stability and bioavailability. Its application is particularly relevant in the development of kinase inhibitors, which are crucial for treating cancers and other diseases.