This compound is primarily utilized in organic synthesis and medicinal chemistry as a key intermediate in the development of pharmaceuticals. Its boronic acid functional group makes it valuable in Suzuki-Miyaura cross-coupling reactions, which are widely employed to create carbon-carbon bonds in the synthesis of complex organic molecules, including potential drug candidates. Specifically, it can be used to introduce aromatic or heteroaromatic structures into target molecules, which is crucial in designing compounds with desired biological activities. Additionally, its fluorophenyl moiety may contribute to enhancing the metabolic stability and binding affinity of drug molecules, making it relevant in the discovery of new therapeutic agents.