This compound is primarily utilized in the field of medicinal chemistry and biochemistry as a key intermediate in the synthesis of nucleoside analogs. These analogs are crucial in the development of antiviral and anticancer drugs, particularly those targeting DNA replication processes. It serves as a building block for modifying nucleoside structures to enhance their therapeutic efficacy or reduce side effects. Researchers also employ it in studies related to nucleic acid chemistry to understand the mechanisms of enzyme interactions and to design novel inhibitors for viral polymerases. Its unique structure makes it valuable for exploring the biochemical pathways involved in nucleotide metabolism and drug resistance mechanisms.