Used extensively in biochemical research, particularly in the synthesis of oligonucleotides and DNA sequencing. It serves as a crucial building block in the production of modified nucleosides and nucleotides, aiding in studies related to genetic material. Additionally, it is employed in the development of antiviral and anticancer drugs, where it acts as a precursor for compounds that inhibit viral replication or target cancer cells. Its role in molecular biology and pharmaceutical research makes it a valuable component in advancing therapeutic and diagnostic technologies.