This compound is widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key building block for creating complex organic molecules, especially in the pharmaceutical industry, where it is utilized to develop drug candidates with potential therapeutic properties. Its boronic acid group enables efficient coupling with aryl or vinyl halides, making it valuable for constructing biaryl structures. Additionally, it finds applications in material science for the synthesis of conjugated polymers and organic electronic materials, contributing to advancements in optoelectronic devices. Its fluorophenyl group can enhance the stability and reactivity of the resulting compounds, making it a versatile reagent in various chemical transformations.