Used in pharmaceutical research as an intermediate in the synthesis of biologically active compounds, particularly kinase inhibitors and antiviral agents. Shows potential in the development of anticancer drugs due to its structural similarity to purine nucleotides, which play key roles in cellular signaling and metabolism. Also employed in the design of modulators for adenosine receptors, making it relevant in neurological and cardiovascular research. Commonly utilized in structure-activity relationship (SAR) studies to optimize drug candidates targeting purinergic pathways.