Used in Suzuki-Miyaura cross-coupling reactions as a key intermediate in the synthesis of pharmaceuticals and agrochemicals. Its boronic acid group enables formation of carbon-carbon bonds, particularly in constructing biaryl structures found in bioactive molecules. Commonly applied in drug discovery for creating analogs with enhanced metabolic stability and binding affinity. Also utilized in materials science for developing organic electronic compounds due to its electron-withdrawing trifluoromethoxy group and extended aromatic system.