This chemical is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical compounds. Its structure serves as a building block for developing purine-based drugs, which are often explored for their potential therapeutic effects. Researchers leverage its properties to create analogs that may exhibit biological activity, particularly in targeting enzymes or receptors involved in diseases. Additionally, it is studied for its role in modifying nucleosides, which can lead to the development of antiviral or anticancer agents. Its applications are largely confined to laboratory research and drug development processes.