This chemical is primarily used in organic synthesis, particularly in the development of pharmaceuticals and biologically active compounds. It serves as a key intermediate in the preparation of urea derivatives, which are often explored for their potential therapeutic properties. The presence of the tetramethyl dioxaborolane group makes it valuable in Suzuki-Miyaura cross-coupling reactions, a widely employed method for forming carbon-carbon bonds in drug discovery and materials science. Additionally, its structure allows for further functionalization, making it a versatile building block in medicinal chemistry for designing novel inhibitors or modulators of biological targets. Its applications extend to the synthesis of complex molecules for research in oncology, inflammation, and other disease areas.