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 specific enzymes or receptors. Its boronate ester functional group makes it valuable in Suzuki-Miyaura cross-coupling reactions, a widely used method in organic synthesis to form carbon-carbon bonds. This enables the creation of complex structures for potential therapeutic agents. Additionally, its urea moiety contributes to its ability to act as a hydrogen bond donor and acceptor, enhancing its binding affinity to biological targets. Researchers often employ this compound in the development of inhibitors for diseases such as cancer, inflammation, and metabolic disorders. Its versatility and reactivity make it a crucial component in the design and optimization of novel pharmaceutical compounds.