This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of antiviral and anticancer agents. Its structure is particularly valuable in the development of nucleoside analogs, which are designed to inhibit viral replication or interfere with cancer cell proliferation. The presence of the fluorine atom enhances the compound's stability and bioavailability, making it a crucial building block for drugs targeting diseases such as hepatitis, HIV, and certain types of cancer. Additionally, it is employed in biochemical research to study enzyme mechanisms and nucleotide interactions, aiding in the discovery of novel therapeutic strategies.