Used in Suzuki-Miyaura cross-coupling reactions to synthesize complex organic molecules, particularly in pharmaceutical and agrochemical research. The cyano and trifluoromethyl groups enhance electronic effects and metabolic stability, making this compound valuable in the development of bioactive compounds. It serves as a building block for creating fluorinated aromatic structures with improved lipophilicity and binding affinity. Commonly applied in medicinal chemistry for drug discovery and in materials science for designing functional organic materials.