Used in organic synthesis and pharmaceutical research as a building block for creating complex molecules. It is particularly valuable in Suzuki-Miyaura cross-coupling reactions, which are widely employed to form carbon-carbon bonds in drug development and material science. The deuterated groups (methoxy-d3 and methyl-d3) make it useful in isotopic labeling studies, aiding in the investigation of metabolic pathways and drug mechanisms. Its boronic acid functionality also enables its use in sensor development for detecting specific analytes in biochemical applications.