This chemical is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a boronic acid derivative, enabling the formation of carbon-carbon bonds, which is crucial in the development of pharmaceuticals and complex organic molecules. Its structure, featuring a spirocyclic component, enhances its stability and reactivity, making it suitable for constructing diverse chemical frameworks. Additionally, the fluorine substituent can influence the electronic properties of the resulting compounds, aiding in the design of molecules with specific biological activities. It is often employed in medicinal chemistry for the synthesis of potential drug candidates, especially in the development of targeted therapies.