This compound is primarily used in organic synthesis, especially in cross-coupling reactions like Suzuki-Miyaura coupling, which is widely employed to form carbon-carbon bonds. Its boronic ester group makes it a valuable reagent for creating complex organic molecules, particularly in pharmaceutical research and development. The deuteration (d12) in the structure enhances its utility in studies involving isotopic labeling, aiding in mechanistic investigations and metabolic studies. Additionally, it can be applied in material science for the synthesis of advanced polymers or organic electronic materials, where precise molecular design is crucial.