This compound is primarily used in organic synthesis, particularly in the development of pharmaceuticals and agrochemicals. Its boronate ester group makes it a valuable intermediate in Suzuki-Miyaura cross-coupling reactions, which are widely employed to construct carbon-carbon bonds in complex molecules. The cyclopropyl and urea moieties contribute to its potential biological activity, making it a candidate for drug discovery, especially in targeting enzymes or receptors. Researchers also explore its utility in creating novel compounds with potential therapeutic applications, such as anti-inflammatory or anticancer agents. Additionally, it may serve as a building block in material science for designing advanced polymers or functional materials.