This chemical is primarily utilized in the field of organic synthesis, particularly in the development of pharmaceuticals and agrochemicals. Its structure, featuring a urea moiety and a boronic ester group, makes it a valuable intermediate in the synthesis of complex molecules. The boronic ester functionality is often employed in Suzuki-Miyaura cross-coupling reactions, a widely used method for forming carbon-carbon bonds, which is essential in creating biologically active compounds. Additionally, the urea group can contribute to hydrogen bonding interactions, enhancing the binding affinity of the resulting molecules to target proteins or enzymes. This compound is thus instrumental in the design and production of new drugs, including potential treatments for diseases such as cancer, inflammation, and infections. Its applications also extend to the development of advanced materials and catalysts in industrial chemistry.