This chemical is primarily used in the field of medicinal chemistry and biochemistry as a precursor or intermediate in the synthesis of nucleoside analogs. These analogs are crucial in the development of antiviral and anticancer drugs, as they can interfere with the replication of viral DNA or RNA, or disrupt the growth of cancer cells. Additionally, it serves as a valuable tool in research for studying enzyme mechanisms, particularly those involving purine metabolism, and for exploring the biochemical pathways of nucleic acids. Its role in the synthesis of modified nucleosides also makes it relevant in the development of diagnostic probes and therapeutic agents targeting genetic disorders.