This compound is primarily utilized in the field of organic synthesis and medicinal chemistry. It serves as a key intermediate in the development of various pharmaceutical agents, particularly those targeting enzyme inhibition. Its structure is valuable for modifying pteridine derivatives, which are often explored for their potential in treating diseases such as cancer, bacterial infections, and inflammatory conditions. Additionally, it is employed in research to study the biochemical pathways involving folate metabolism, as pteridine derivatives play a significant role in these processes. The bromomethyl group in the compound allows for further functionalization, making it a versatile building block in the synthesis of complex molecules.