This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. Its boronic acid functional group enables the formation of carbon-carbon bonds, making it valuable in the production of complex organic molecules, including pharmaceuticals and agrochemicals. Additionally, it serves as a key intermediate in the synthesis of biologically active compounds, especially those targeting neurological and inflammatory disorders. Its fluorophenyl group enhances its binding affinity in certain drug-receptor interactions, contributing to its effectiveness in medicinal chemistry.