This compound is primarily utilized in organic synthesis as a versatile intermediate, particularly in cross-coupling reactions such as Suzuki-Miyaura couplings. Its boronate ester functionality enables the formation of carbon-carbon bonds, making it valuable in the synthesis of complex organic molecules, including pharmaceuticals and agrochemicals. The deuterated form (d5) enhances its utility in mechanistic studies and isotopic labeling, aiding in tracing reaction pathways and understanding metabolic processes. Additionally, its tert-butyl and carboxylate groups provide stability and reactivity, facilitating its use in multi-step synthetic routes.