Used in pharmaceutical research as a key intermediate in the synthesis of nucleoside analogs, which are crucial for developing antiviral and anticancer drugs. It plays a role in modifying the structure of nucleosides to enhance their therapeutic efficacy and specificity. Additionally, it is employed in biochemical studies to investigate enzyme mechanisms and nucleotide interactions, aiding in the discovery of novel drug targets. Its application extends to the development of prodrugs, where it helps improve the bioavailability and stability of active pharmaceutical ingredients.