This compound is primarily utilized in the field of organic synthesis, particularly in the development of pharmaceuticals and agrochemicals. Its structure, featuring a urea moiety and a boronate ester group, makes it valuable as an intermediate in cross-coupling reactions, such as Suzuki-Miyaura reactions, which are widely employed to create complex organic molecules. The boronate ester group facilitates the formation of carbon-carbon bonds, enabling the synthesis of biologically active compounds. Additionally, its urea group can contribute to hydrogen bonding interactions, which are crucial in designing molecules with specific binding properties for drug development. This chemical is also explored in material science for the creation of advanced polymers and coatings, leveraging its reactive functional groups to enhance material properties.