Used in organic synthesis as a key intermediate for Suzuki-Miyaura cross-coupling reactions, enabling the formation of biaryl structures in pharmaceutical and agrochemical development. The boronate ester group facilitates palladium-catalyzed coupling with aryl halides, making it valuable in constructing complex molecules for drug discovery. Its furan and urea moieties contribute to binding selectivity in bioactive compound design, particularly in kinase inhibitors and anti-inflammatory agents. Also applied in materials science for synthesizing conjugated organic frameworks with optoelectronic properties.