Used primarily in organic synthesis, it serves as a key intermediate in the preparation of pharmaceuticals and agrochemicals. Its boronic acid group enables it to participate in Suzuki-Miyaura cross-coupling reactions, facilitating the formation of carbon-carbon bonds. This property is particularly valuable in the development of complex organic molecules, including drug candidates and advanced materials. Additionally, its trifluorinated aromatic ring enhances its utility in creating compounds with improved stability and bioavailability, making it a versatile reagent in medicinal chemistry and material science.