This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions like the Suzuki-Miyaura reaction. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable for constructing complex molecules, especially in pharmaceutical research. The fluorophenyl moiety enhances its reactivity and selectivity, making it suitable for creating biologically active compounds. It is often employed in the development of drug candidates, agrochemicals, and advanced materials. Additionally, its stability and compatibility with various reaction conditions make it a versatile reagent in medicinal chemistry and material science.