This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction, where it acts as a boronic acid reagent. Its structure, featuring a boronic acid group, enables it to form carbon-carbon bonds with aryl or vinyl halides in the presence of a palladium catalyst. The dimethylamino and fluorine substituents enhance its reactivity and selectivity in these processes. Additionally, it is employed in the development of pharmaceuticals and agrochemicals, serving as a key intermediate in the synthesis of complex molecules. Its water-soluble hydrochloride form ensures ease of handling and compatibility with various reaction conditions.