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 makes it a valuable reagent in Suzuki-Miyaura cross-coupling reactions, which are widely employed to construct carbon-carbon bonds in complex organic molecules. The presence of deuterium (D3) in the methoxy group enhances the metabolic stability of the resulting compounds, making it useful for creating isotopically labeled drugs for pharmacokinetic and metabolic studies. Additionally, it serves as a key intermediate in the preparation of pyrimidine-based compounds, which are often explored for their potential therapeutic applications, including anticancer and antiviral agents.