This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of targeted therapeutic agents, particularly those designed to inhibit specific enzymes or proteins involved in disease pathways. Its structure, featuring a pyrazolo[3,4-d]pyrimidine core, makes it valuable for creating molecules that interact with kinase enzymes, which are often implicated in cancer and other proliferative disorders. Additionally, the presence of the iodine atom allows for further functionalization, enabling the development of more complex and potent drug candidates. Researchers also leverage this compound in the study of structure-activity relationships (SAR) to optimize the efficacy and selectivity of potential pharmaceuticals.