This compound is primarily utilized in the field of medicinal chemistry as an intermediate in the synthesis of various pharmaceutical agents. Its structure, featuring a purine core, makes it a valuable building block for developing nucleoside analogs, which are crucial in antiviral and anticancer drug research. The benzyl ester group enhances its stability and solubility, facilitating its use in organic synthesis. Additionally, it may serve as a precursor for the preparation of compounds targeting enzymes like purine nucleoside phosphorylase, which plays a role in immune system modulation. Its applications are largely confined to laboratory research and drug development processes.