This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a key building block for the formation of carbon-carbon bonds, enabling the synthesis of complex organic molecules. Its boronic acid group facilitates the coupling with aryl or vinyl halides, making it valuable in the production of pharmaceuticals, agrochemicals, and advanced materials. Additionally, its fluorophenyl group can enhance the stability and reactivity of the resulting compounds, contributing to its effectiveness in medicinal chemistry for drug discovery and development.