Used as a reagent in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling, where it acts as a boron-based nucleophile. Its fluorinated and chlorinated aryl group enables the formation of complex aromatic structures important in pharmaceuticals and agrochemicals. The electron-withdrawing substituents enhance reactivity and stability of the borate complex, making it suitable for constructing biaryl motifs under mild conditions. Commonly applied in the development of active pharmaceutical ingredients (APIs) requiring fluorinated aromatic building blocks.