Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions for the synthesis of biaryl compounds in pharmaceutical and agrochemical research. Its boronate ester group enables efficient carbon-carbon bond formation under mild conditions. Commonly applied in the development of functional organic materials, including conjugated polymers and liquid crystals. Also utilized in medicinal chemistry for constructing urea-based scaffolds with biological activity. Stable and compatible with a wide range of functional groups, making it valuable in multi-step synthetic routes.