Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of drugs targeting neurological disorders. It plays a crucial role in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in complex organic molecules. This compound is also utilized in the production of advanced materials, such as organic semiconductors and liquid crystals, due to its ability to modify electronic properties. Additionally, it finds application in agrochemical research for creating novel compounds with potential pesticidal or herbicidal activity. Its fluorophenyl group enhances stability and bioavailability, making it valuable in medicinal chemistry.