Used in the synthesis of nucleoside analogs for antiviral and anticancer research. Serves as a key intermediate in modifying the sugar moiety of adenosine derivatives to enhance stability and biological activity. Commonly employed in the development of prodrugs and targeted therapeutics due to its protected hydroxyl groups and functionalized 5' position, allowing selective chemical modifications. Also utilized in biochemical studies involving enzyme substrates and inhibitors, particularly in kinases and phosphoryl transfer reactions.