This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of biologically active molecules, particularly those targeting protein kinases and other enzymes involved in disease pathways. Its boronic ester functional group makes it valuable in Suzuki-Miyaura cross-coupling reactions, enabling the construction of complex organic frameworks. Additionally, it is employed in the development of potential therapeutic agents for conditions such as cancer, inflammation, and neurodegenerative disorders. Its structural features, including the benzyl and phenyl urea moieties, allow for precise modifications, enhancing drug efficacy and selectivity.