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 can act as a functional handle for further modification or as part of bioactive molecule design. Commonly employed in the development of sensors, conjugated materials, and as an intermediate in medicinal chemistry.