This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura reactions. Its boronic acid 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 ethyl group (ethyl-d5) allows for tracking and studying metabolic pathways in drug development, providing insights into the behavior of compounds in biological systems. Additionally, its fluorine substituent can enhance the stability and bioavailability of the resulting molecules, making it useful in the design of new drugs.