This compound is primarily used in organic synthesis as a reagent for introducing the 2-fluorobenzyl group into various molecules. It is particularly valuable in cross-coupling reactions, such as Negishi coupling, where it facilitates the formation of carbon-carbon bonds. This makes it useful in the development of pharmaceuticals, agrochemicals, and other fine chemicals. Its ability to selectively transfer the 2-fluorobenzyl moiety allows for the creation of complex organic structures with potential biological activity. Additionally, it is employed in the synthesis of intermediates for drugs targeting neurological disorders and cancer, owing to the fluorinated aromatic group's influence on the pharmacokinetic properties of the final compounds.