This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It acts as a key intermediate in the production of complex organic molecules, especially in the pharmaceutical industry for creating drug candidates. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in constructing bioactive compounds. Additionally, it finds applications in materials science for developing advanced polymers and sensors. Its specific structure, incorporating a fluorophenyl group, enhances its utility in designing molecules with targeted biological activity or specific material properties.