Used in organic synthesis as a building block for pharmaceuticals and agrochemicals, particularly in Suzuki-Miyaura cross-coupling reactions to form carbon-carbon bonds. Its boronic acid group enables efficient coupling with aryl halides, making it valuable in the development of complex aromatic compounds. The presence of both chloro and ethylcarbamoyl functional groups allows for further selective modifications, enhancing its utility in drug discovery and the synthesis of bioactive molecules.