Used in organic synthesis as a building block for Suzuki-Miyaura cross-coupling reactions, enabling the formation of biaryl compounds important in pharmaceutical and agrochemical development. Its boronic acid group facilitates carbon-carbon bond formation under mild conditions, making it valuable in drug discovery and materials science. The trifluoromethoxy and phenoxy groups enhance lipophilicity and metabolic stability, which are beneficial traits in designing bioactive molecules. Commonly employed in the preparation of intermediates for functional materials and medicinal agents.