This compound is primarily utilized in the field of medicinal chemistry and drug development, particularly in the synthesis of biologically active molecules. It serves as a key intermediate in the creation of urea-based compounds, which are often explored for their potential therapeutic properties. The presence of the fluorobenzyl group and the dioxaborolane moiety makes it valuable in the design of inhibitors targeting specific enzymes or receptors, such as kinase inhibitors. Additionally, its boronate ester functionality is advantageous in Suzuki-Miyaura cross-coupling reactions, a widely used method in organic synthesis to construct complex molecules for pharmaceutical applications. Its role in these processes highlights its importance in advancing research and development of new drugs.