This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in the synthesis of complex organic molecules, including pharmaceuticals and agrochemicals. The presence of fluorine atoms enhances its reactivity and selectivity in these reactions, allowing for the creation of specific molecular structures. Additionally, it serves as a key intermediate in the development of biologically active compounds, contributing to advancements in drug discovery and material science.