This chemical is primarily utilized in the synthesis of nucleoside analogs, which are crucial in the development of antiviral and anticancer drugs. It serves as a protected nucleoside intermediate, allowing for precise modifications during the construction of oligonucleotides. The compound is particularly valuable in the preparation of modified RNA or DNA sequences for research in molecular biology and therapeutic applications. Its protective groups, such as the bis(4-methoxyphenyl)(phenyl)methyl (DMT) group, ensure selective reactivity during chemical synthesis, making it essential for automated solid-phase oligonucleotide synthesis. Additionally, it plays a role in the study of nucleic acid interactions and the development of gene therapies.