This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronic acid functional group enables it to form carbon-carbon bonds with aryl or vinyl halides, making it valuable in the production of complex organic molecules, including pharmaceuticals and agrochemicals. The deuterated piperidine moiety can be advantageous in studies involving isotopic labeling, such as metabolic research or drug development, where tracking and understanding the behavior of molecules in biological systems is essential. Additionally, its structure may contribute to the development of novel compounds with potential applications in material science or as intermediates in fine chemical synthesis.