This compound is primarily utilized in the field of organic synthesis and medicinal chemistry due to its boronate ester functional group, which is valuable in Suzuki-Miyaura cross-coupling reactions. These reactions are widely employed to construct carbon-carbon bonds, making it a key intermediate in the synthesis of complex organic molecules, including pharmaceuticals and agrochemicals. Additionally, its urea moiety can contribute to hydrogen bonding interactions, which are often exploited in the design of enzyme inhibitors or receptor ligands. Its methoxyphenyl group may also enhance solubility and influence the pharmacokinetic properties of the resulting compounds. Overall, it serves as a versatile building block in drug discovery and material science research.