Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions for the synthesis of biaryl compounds in pharmaceutical and agrochemical industries. Its boronic acid group enables efficient carbon-carbon bond formation under mild conditions. The electron-withdrawing cyano and trifluoromethyl groups enhance stability and reactivity, making it valuable in the development of active pharmaceutical ingredients (APIs), especially in drugs targeting central nervous system disorders and anti-inflammatory agents. Also employed in the preparation of fluorescent probes and functional materials due to its unique electronic properties.