This compound is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for constructing complex molecules, especially in pharmaceutical research. The boronic acid group enables efficient coupling with aryl halides, facilitating the formation of carbon-carbon bonds. Its trifluoromethyl group enhances the stability and reactivity of the resulting compounds, making it valuable in the development of bioactive molecules. Additionally, it is employed in the synthesis of potential drug candidates targeting various diseases, including cancer and neurological disorders. Its unique structure also makes it useful in materials science for designing advanced polymers and functional materials.