This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a key reagent for forming carbon-carbon bonds, enabling the construction of complex organic molecules. Its boronic acid group is highly reactive with aryl halides in the presence of a palladium catalyst, making it valuable in the synthesis of pharmaceuticals, agrochemicals, and advanced materials. Additionally, its methoxyphenyl carbamoyl moiety can enhance selectivity and stability in certain reactions, contributing to its effectiveness in targeted chemical transformations.