Used in organic synthesis as a key intermediate for the preparation of pharmaceuticals and biologically active compounds. It is particularly valuable in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in complex molecules. Its trifluoromethyl and imidazole groups enhance its reactivity and selectivity, making it useful in the development of drugs targeting specific biological pathways. Additionally, it finds application in material science for creating advanced polymers and coatings with unique properties.