This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a key intermediate for constructing complex molecules, especially in pharmaceutical research and development. Its boronic acid group enables efficient coupling with aryl halides, facilitating the creation of biaryl structures, which are common in drug molecules. Additionally, its fluorine substituent can enhance the metabolic stability and bioavailability of the resulting compounds, making it valuable in designing therapeutic agents.