Widely used in Suzuki-Miyaura cross-coupling reactions, this compound serves as a key boronic ester reagent for forming carbon-carbon bonds in pharmaceutical and agrochemical synthesis. Its stability and reactivity make it ideal for constructing biaryl structures, commonly found in active pharmaceutical ingredients. It is also employed in the development of organic electronic materials due to its ability to introduce fluorinated aromatic groups, enhancing electron-accepting properties. The presence of the trifluoromethyl and chloro substituents allows for further functionalization, enabling diverse molecular diversification in medicinal chemistry research.