Used primarily in organic synthesis, this compound serves as a key intermediate in cross-coupling reactions, such as Suzuki-Miyaura coupling. Its boronic acid group facilitates the formation of carbon-carbon bonds, making it valuable in the production of complex organic molecules. It is particularly useful in pharmaceutical research for developing drug candidates, as well as in materials science for creating advanced polymers and electronic materials. The deuterium labeling (d10) enhances its utility in mechanistic studies and tracing reactions in chemical and biochemical research.