This compound is primarily used in the synthesis of pharmaceutical agents, particularly in the development of antiviral and anticancer drugs. Its structure allows it to act as a key intermediate in the production of compounds that target specific biological pathways. Additionally, it is utilized in research settings for studying DNA interactions and modifications, as it can bind to nucleic acids and influence their behavior. Its applications also extend to the field of organic chemistry, where it serves as a building block for creating complex molecules with potential therapeutic properties.