Used in organic synthesis as a building block for pharmaceuticals and agrochemicals, particularly in Suzuki-Miyaura cross-coupling reactions to form carbon-carbon bonds. Its fluorinated aryl structure enhances metabolic stability and lipophilicity in drug candidates, making it valuable in medicinal chemistry for developing bioactive molecules. Also employed in the preparation of fluorinated analogs in materials science and PET tracer development due to the presence of fluorine atoms that can be radiolabeled.