This compound is primarily utilized in the field of medicinal chemistry and drug development, particularly in the design of kinase inhibitors. It serves as a key intermediate in the synthesis of targeted therapies, especially for cancer treatment. The boronate ester functional group allows for versatile chemical transformations, making it valuable in Suzuki-Miyaura cross-coupling reactions, which are widely used to construct complex molecules in pharmaceutical research. Additionally, its urea moiety contributes to hydrogen bonding interactions, enhancing its potential as a bioactive molecule in drug discovery efforts.