This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a key intermediate for the construction of complex organic molecules, especially in the pharmaceutical industry, where it aids in the development of drug candidates. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable for creating aromatic compounds with specific fluorine substitutions. Additionally, its unique structure, containing both fluorine and trifluoroethoxy groups, makes it suitable for designing molecules with enhanced metabolic stability and bioavailability, which are critical in medicinal chemistry.