Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of drugs targeting central nervous system disorders. Plays a crucial role in Suzuki-Miyaura cross-coupling reactions, enabling the creation of complex organic molecules for medicinal chemistry. Also employed in the production of advanced materials, such as organic semiconductors and light-emitting diodes (LEDs), due to its ability to form stable boron-containing compounds. Its fluorinated structure enhances its utility in designing compounds with improved metabolic stability and bioavailability.