This compound is primarily utilized in organic synthesis and pharmaceutical research due to its boronate ester functional group, which makes it valuable in Suzuki-Miyaura cross-coupling reactions. These reactions are widely employed to form carbon-carbon bonds, a critical step in the synthesis of complex organic molecules, including potential drug candidates. The cyclohexyl urea moiety in the structure may also contribute to its use in designing compounds with specific biological activities, particularly in targeting enzymes or receptors. Additionally, its stability and reactivity make it a useful intermediate in the development of boron-containing therapeutics, which are increasingly explored for their potential in treating diseases such as cancer and inflammation.