Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of drugs targeting central nervous system disorders. It plays a crucial role in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds to create complex organic molecules. Its trifluoromethyl group enhances the metabolic stability and bioavailability of the resulting compounds. Additionally, it is employed in agrochemical research to develop novel pesticides and herbicides with improved efficacy and environmental safety. The boronic acid moiety allows for versatile functionalization, making it valuable in material science for designing advanced polymers and coatings.