Used primarily in biochemical research, this compound serves as a key intermediate in the synthesis of nucleosides and nucleotides. It is particularly valuable in studies focusing on DNA repair mechanisms and mutagenesis, where it helps in understanding the role of modified nucleosides in genetic stability. Additionally, it is employed in the development of antiviral and anticancer agents, as its structural properties can be modified to enhance therapeutic efficacy. In enzymatic studies, it acts as a substrate to investigate the specificity and kinetics of nucleoside-metabolizing enzymes. Its applications also extend to the field of molecular diagnostics, where it aids in the detection of genetic mutations and the study of nucleic acid interactions.