This chemical is primarily utilized in the field of medicinal chemistry and biochemistry for research purposes. It serves as a modified nucleoside analog, which is often employed in the study of nucleic acid interactions and enzymatic processes. Its structural modification makes it a valuable tool in investigating the mechanisms of DNA and RNA synthesis, particularly in understanding the role of specific enzymes like polymerases. Additionally, it is used in the development of antiviral and anticancer agents, as its unique structure can interfere with the replication of viral or cancerous cells. Researchers also leverage its properties to explore potential therapeutic applications, including targeted drug delivery systems and gene therapy strategies.