Used in organic synthesis as a key intermediate for the preparation of complex molecules, particularly in cross-coupling reactions like Suzuki-Miyaura coupling. This reaction is widely employed in pharmaceutical research to create carbon-carbon bonds, enabling the development of drug candidates. Its fluoropropoxy group enhances solubility and reactivity, making it valuable in the design of bioactive compounds. Additionally, it serves as a building block in materials science for creating advanced polymers and functional materials. Its boronic acid moiety allows for selective binding to diols, making it useful in sensor development and carbohydrate recognition studies.