Used in biochemical research, particularly in the study of nucleic acids and their interactions. It serves as a precursor or intermediate in the synthesis of modified nucleosides and nucleotides, which are essential for understanding genetic processes and developing therapeutic agents. Additionally, it finds application in the development of antiviral and anticancer drugs, where its structure can be modified to enhance binding affinity or specificity. Its role in enzymatic studies also aids in exploring metabolic pathways and enzyme mechanisms.