Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for cancer treatment. It exhibits utility in medicinal chemistry due to its ability to mimic purine bases, enabling interactions with biological targets such as ATP-binding sites in enzymes. Also employed in the design of central nervous system drugs owing to its capacity to cross the blood-brain barrier. Its scaffold is explored in drug discovery for anti-inflammatory, antiviral, and cognitive-enhancing compounds. Additionally, it serves as a building block in the preparation of fluorescent probes and agrochemicals.