This compound is primarily used in biochemical research as a potent inhibitor of certain enzymes, particularly those involved in nucleotide metabolism. It is often employed to study the mechanisms of enzymes like adenylate kinase and other phosphotransferases, helping researchers understand their regulatory roles in cellular processes. Additionally, it serves as a tool in investigating energy metabolism pathways, as it can mimic or block natural substrates, providing insights into cellular energy dynamics. Its application is also relevant in drug discovery, where it aids in identifying potential therapeutic targets by inhibiting specific enzymatic activities.