Used in organic synthesis as a boronic acid coupling partner in Suzuki-Miyaura cross-coupling reactions to construct biaryl and heteroaryl frameworks. Its trifluoromethyl and methylpyrazole groups enhance lipophilicity and metabolic stability, making it valuable in pharmaceutical research, particularly in the development of bioactive molecules and drug candidates targeting central nervous system disorders and inflammation. The compound is also employed in the synthesis of agrochemicals and functional materials due to the electron-withdrawing nature of the trifluoromethyl group, which can influence the electronic properties of the final product.