This chemical is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate in the production of complex organic molecules, including pharmaceuticals and agrochemicals. The trifluoromethyl group enhances the biological activity of the compounds, making it valuable in drug discovery. Additionally, its cyclopropyl and boronic acid moieties contribute to the development of novel materials and catalysts. Its applications extend to research in medicinal chemistry, where it aids in the creation of potential therapeutic agents targeting various diseases.