This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronic ester group enables the formation of carbon-carbon bonds, making it valuable in the construction of complex organic molecules, including pharmaceuticals and agrochemicals. The deuterium labeling (d12) enhances its utility in research involving isotopic labeling, aiding in mechanistic studies and metabolic pathway analysis. Its stability and reactivity make it a preferred choice in medicinal chemistry for developing drug candidates with improved pharmacokinetic properties.