This chemical is commonly utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for constructing complex molecules, especially in the pharmaceutical industry. Its boronic acid group facilitates the formation of carbon-carbon bonds, enabling the synthesis of various biologically active compounds. Additionally, the trifluoromethyl and thiazole groups enhance its utility in creating compounds with potential therapeutic properties, such as anticancer or antimicrobial agents. Its stability and reactivity make it a valuable tool in drug discovery and development processes.