This chemical is primarily utilized in the field of organic synthesis, particularly in the development of pharmaceuticals and biologically active compounds. Its structure, featuring a boronate ester group, makes it a valuable intermediate in Suzuki-Miyaura cross-coupling reactions, which are widely employed to form carbon-carbon bonds in the synthesis of complex molecules. Additionally, the presence of the urea moiety can contribute to its potential use in designing enzyme inhibitors or receptor modulators, particularly in medicinal chemistry research. Its application is often focused on creating novel drug candidates or studying molecular interactions in biochemical pathways.