This compound is primarily utilized in the field of medicinal chemistry and biochemical research. It serves as a key intermediate in the synthesis of various purine derivatives, which are often explored for their potential therapeutic properties. Researchers investigate its role in developing compounds that may act as enzyme inhibitors, particularly targeting enzymes involved in nucleotide metabolism. Additionally, it is studied for its potential applications in designing drugs that could modulate cellular processes, such as those related to cancer or viral infections. Its structural features make it a valuable building block for creating novel molecules with specific biological activities.