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 the formation of carbon-carbon bonds, making it valuable in the synthesis of complex organic molecules, including pharmaceuticals and agrochemicals. The deuterium-labeled propyl group (d7) is especially useful in research applications, as it allows for tracking and studying metabolic pathways and reaction mechanisms using techniques like NMR spectroscopy. This makes it a critical tool in drug development and biochemical studies, where understanding the behavior of molecules in biological systems is essential.