Used as an intermediate in Suzuki-Miyaura cross-coupling reactions to synthesize fluorinated biaryl compounds. Its boronate ester group enables efficient carbon-carbon bond formation under mild conditions, making it valuable in pharmaceutical and agrochemical research for constructing complex aromatic structures. The presence of a fluorine atom and a benzyl-protected hydroxyl group allows for further functionalization and improved metabolic stability in drug design. Commonly employed in the development of bioactive molecules and functional materials requiring specific electronic and steric properties.