This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronic acid group allows it to act as a key building block for creating complex organic molecules, especially in the pharmaceutical industry. It is often employed in the development of drug candidates, where its structure facilitates the formation of carbon-carbon bonds, enabling the synthesis of biologically active compounds. Additionally, it finds use in material science for the preparation of advanced organic materials, including polymers and small molecules with specific electronic properties. Its cyclopropyl and fluorine substituents contribute to its versatility in designing molecules with tailored chemical and physical characteristics.