Used primarily in organic synthesis and pharmaceutical research, this compound serves as a key intermediate in the development of various bioactive molecules. Its boronic acid group enables it to participate in Suzuki-Miyaura cross-coupling reactions, which are essential for creating complex organic compounds, including potential drug candidates. The fluorine atom enhances its ability to interact with biological targets, making it valuable in the design of fluorinated pharmaceuticals. Additionally, it is utilized in materials science for the preparation of advanced polymers and coatings with specific functional properties.