Used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds for constructing biaryl compounds. Its boronic acid group facilitates coupling with aryl halides, making it valuable in pharmaceutical and agrochemical research. The cyanoethylcarbamoyl moiety adds polarity and can act as a precursor for further functionalization, such as hydrolysis or reduction, to modify molecular properties. Commonly employed in the development of bioactive molecules and conjugation strategies in medicinal chemistry.