This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling, where it serves as a boronic ester precursor. Its structure allows for the introduction of the pyridine moiety into complex molecules, making it valuable in the development of pharmaceuticals and agrochemicals. The trifluoroethoxy group enhances the compound's stability and reactivity, making it suitable for constructing biologically active molecules, including potential drug candidates. Additionally, it can be employed in materials science for the synthesis of advanced organic materials with specific electronic or optical properties.