Used primarily as a plant growth regulator, this compound promotes cell division and shoot formation in tissue culture applications. It is effective in stimulating bud development and overcoming apical dominance in various plant species. Commonly utilized in micropropagation and regeneration protocols for crops, ornamentals, and trees. Also serves as an intermediate in the synthesis of certain pharmaceuticals targeting kinase pathways. Its analogs are investigated for antiviral and anticancer properties due to their influence on cellular signaling and nucleic acid metabolism.