This chemical is primarily used in the field of pharmaceutical research and development, particularly in the synthesis of complex organic compounds. It serves as a key intermediate in the creation of deuterated drugs, where the presence of deuterium (D7) enhances the metabolic stability and bioavailability of the active pharmaceutical ingredients. Additionally, its boronic acid moiety makes it valuable in Suzuki-Miyaura cross-coupling reactions, a widely employed method for constructing carbon-carbon bonds in drug discovery and material science. Its application extends to the development of labeled compounds for use in analytical studies, such as mass spectrometry and NMR, aiding in the understanding of drug metabolism and pharmacokinetics.