Used in organic synthesis as a building block for pharmaceuticals and agrochemicals, particularly in Suzuki-Miyaura cross-coupling reactions to form carbon-carbon bonds. Its boronic acid group enables efficient coupling with aryl halides, making it valuable in the development of complex aromatic compounds. Commonly applied in the synthesis of bioactive molecules where the trifluoromethoxy and chloro substituents enhance metabolic stability and lipophilicity. Also employed in medicinal chemistry for creating drug candidates targeting central nervous system disorders and inflammation.