Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions for the synthesis of biaryl compounds in pharmaceutical and agrochemical research. Its aldehyde and boronic acid functional groups allow sequential or selective transformations, enabling the construction of complex aromatic structures. Commonly employed in the development of fluorinated organic molecules where the trifluoromethoxy group enhances metabolic stability and lipophilicity. Also applied in the preparation of functional materials and bioactive molecule candidates in medicinal chemistry.