This compound is primarily utilized in organic synthesis and pharmaceutical research due to its boronic acid functional group, which is effective in Suzuki-Miyaura cross-coupling reactions. These reactions are pivotal for constructing carbon-carbon bonds, enabling the synthesis of complex organic molecules, including potential drug candidates. Its structure, featuring a fluorine atom and a methylcarbamoyl group, enhances its reactivity and selectivity in these reactions, making it valuable for creating diverse chemical libraries. Additionally, it may be employed in the development of sensors or probes for detecting specific biological molecules, leveraging its ability to form stable complexes with diols and other functional groups.