This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for constructing complex molecules, especially in the pharmaceutical industry, where it aids in the development of drugs targeting various diseases. Its boronic acid group enables efficient coupling with aryl halides, facilitating the creation of biaryl structures commonly found in active pharmaceutical ingredients. Additionally, it is employed in material science for designing advanced organic materials, such as polymers and liquid crystals, due to its ability to form stable covalent bonds with other organic molecules. Its unique structure, including the fluorine substituent, also makes it valuable in the study of enzyme inhibition and receptor binding, contributing to the discovery of new therapeutic agents.