This compound is primarily utilized in organic synthesis, particularly in the development of pharmaceuticals and agrochemicals. Its structure, featuring a urea linkage and a boronate ester group, makes it valuable as an intermediate in cross-coupling reactions, such as Suzuki-Miyaura coupling, which is widely employed to form carbon-carbon bonds. The boronate ester moiety facilitates the introduction of aryl or heteroaryl groups into complex molecules, enabling the creation of diverse bioactive compounds. Additionally, its potential as a building block in medicinal chemistry is significant, as it can be used to design molecules targeting specific biological pathways, including enzyme inhibition or receptor modulation. Its applications also extend to materials science, where it may contribute to the synthesis of advanced polymers or functional materials.