Used primarily as an intermediate in the synthesis of biologically active compounds, especially in pharmaceutical research. It serves as a building block for kinase inhibitors and antiviral agents due to its structural similarity to purine nucleosides. Commonly employed in the development of targeted therapies, including anticancer drugs, where it helps modulate cellular signaling pathways. Also utilized in agrochemical research for designing novel plant growth regulators. Its chloro and benzyl substituents allow for further functionalization, making it valuable in combinatorial chemistry and drug discovery.