This chemical is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a crucial building block for creating complex organic molecules, often in the pharmaceutical industry. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable for synthesizing drug intermediates or active pharmaceutical ingredients (APIs). Additionally, it can be utilized in material science for developing advanced polymers or functional materials. Its specific structure, with chloro, fluoro, and formyl substituents, allows for precise modifications and targeted reactions in multi-step synthetic processes.