This chemical is primarily used in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura reactions. It serves as a key intermediate in the preparation of complex organic molecules, especially in pharmaceutical research and development. The boronic acid group enables the formation of carbon-carbon bonds, making it valuable for constructing indole-based compounds, which are often found in bioactive molecules. Its trifluoromethyl group enhances the lipophilicity and metabolic stability of the resulting compounds, making it useful in drug discovery for targeting specific biological pathways. Additionally, the tert-butoxycarbonyl (Boc) protecting group allows for selective deprotection, enabling further functionalization of the molecule during multi-step synthesis processes.