This compound is primarily utilized in organic synthesis, particularly in the development of pharmaceuticals and agrochemicals. Its structure, featuring a urea moiety and a boronate ester, makes it a valuable intermediate in Suzuki-Miyaura cross-coupling reactions. These reactions are widely employed to form carbon-carbon bonds, enabling the construction of complex organic molecules. Additionally, its boronate ester group allows for selective functionalization, making it useful in the design of targeted drug molecules. The compound’s stability and reactivity also contribute to its application in material science, where it aids in the synthesis of advanced polymers and organic electronic materials.