This compound is primarily utilized in the field of pharmaceutical research and development, particularly in the synthesis of deuterated drug molecules. Its boronic acid group enables it to participate in Suzuki-Miyaura cross-coupling reactions, a key method for forming carbon-carbon bonds in organic chemistry. The deuterated isopropoxy group enhances the stability and metabolic properties of the resulting compounds, making it valuable in the creation of deuterated analogs of biologically active molecules. These analogs are often studied for their potential to improve pharmacokinetics, reduce toxicity, and enhance the efficacy of therapeutic agents. Additionally, it may find applications in materials science for the development of advanced organic materials with specific electronic or structural properties.