Used in organic synthesis as a building block for pharmaceuticals and agrochemicals, particularly in Suzuki-Miyaura cross-coupling reactions to form biaryl compounds. Its boronic acid group enables efficient carbon-carbon bond formation, making it valuable in drug discovery and development. The presence of cyano and trifluoromethyl groups enhances its electronic properties, improving reactivity and selectivity in coupling processes. Commonly employed in the preparation of bioactive molecules and functional materials.