This compound is primarily utilized in organic synthesis as a building block for creating more complex molecules. It is often employed in Suzuki-Miyaura cross-coupling reactions, a widely used method for forming carbon-carbon bonds. The deuterium-labeled propyl group (d7) makes it particularly valuable in research involving isotopic labeling, allowing scientists to track and study chemical reactions and metabolic pathways with greater precision. Its boronic acid functional group is key in facilitating the coupling process, making it a versatile reagent in the development of pharmaceuticals, agrochemicals, and advanced materials.