This chemical is primarily used in organic synthesis and pharmaceutical research due to its boronic acid functional group, which makes it a valuable reagent in Suzuki-Miyaura cross-coupling reactions. These reactions are widely employed to form carbon-carbon bonds, essential in creating complex organic molecules, including drug candidates. Additionally, its phenylboronic acid moiety allows it to interact with diols and sugars, making it useful in the development of sensors and diagnostic tools for detecting glucose and other biomolecules. Its ureido group further enhances its potential in designing targeted drug delivery systems or as a building block in medicinal chemistry for developing protease inhibitors or other therapeutic agents.