This chemical is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active compounds, particularly those targeting enzyme inhibition. Researchers often employ it in the development of potential therapeutic agents, including antiviral and anticancer drugs. Its structural properties make it valuable for modifications to enhance drug efficacy and selectivity. Additionally, it is used in biochemical studies to investigate purine metabolism and related pathways, aiding in the understanding of cellular processes and disease mechanisms.