This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for constructing complex molecules, especially in the pharmaceutical industry, where it aids in the development of active pharmaceutical ingredients (APIs). Its boronic acid group enables efficient coupling with aryl halides, making it valuable for creating carbon-carbon bonds in drug discovery and material science. Additionally, it is employed in the synthesis of biologically active compounds, including potential therapeutics targeting various diseases. Its fluorophenyl group further enhances its reactivity and selectivity in these processes.