This chemical is primarily utilized in organic synthesis, particularly in the development of pharmaceuticals and agrochemicals. It serves as a key intermediate in the preparation of biologically active compounds, especially those targeting specific enzymes or receptors. The presence of the dioxaborolane group makes it valuable in Suzuki-Miyaura cross-coupling reactions, a widely used method for forming carbon-carbon bonds in drug discovery and material science. Additionally, its urea moiety contributes to its potential use in designing molecules with improved binding affinity and selectivity, particularly in medicinal chemistry applications. The compound’s structural features also make it suitable for research in developing new therapeutic agents, including kinase inhibitors or anti-inflammatory drugs.