Used as a key intermediate in the synthesis of 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 drug discovery for building complex aromatic structures. Commonly applied in the development of bioactive molecules, including antifungal, anti-inflammatory, and herbicidal compounds. The presence of chlorine and trifluoromethoxy groups enhances reactivity and influences the electronic properties of the final product, improving metabolic stability and target binding in medicinal chemistry applications.