This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura reactions. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in the development of pharmaceuticals, agrochemicals, and advanced materials. The deuterium labeling (d10) enhances its use in research involving isotopic labeling, aiding in mechanistic studies and tracing metabolic pathways in drug development. Additionally, its specific structure allows for applications in the synthesis of complex heterocyclic compounds, which are often key intermediates in medicinal chemistry.