Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in the synthesis of complex organic molecules. Its boron-containing structure allows for efficient and selective coupling with aryl halides, making it valuable in pharmaceutical and agrochemical research. The presence of the trifluoromethyl group enhances lipophilicity and metabolic stability in target compounds, which is beneficial in drug discovery. Commonly employed in the development of fluorinated analogs of bioactive molecules to improve their pharmacokinetic properties.