Used in organic synthesis as a building block for Suzuki-Miyaura cross-coupling reactions, enabling the formation of biaryl compounds important in pharmaceuticals and agrochemicals. Its boronic acid group facilitates carbon-carbon bond formation under mild conditions, making it valuable in drug discovery and development of functional materials. Commonly employed in the preparation of kinase inhibitors and other bioactive molecules due to the stability and reactivity imparted by the trifluoromethyl and phenoxy groups.