This chemical is primarily utilized in organic synthesis as a key intermediate in the production of nucleoside analogs, which are crucial in the development of antiviral and anticancer drugs. Its structure allows it to act as a protective group for pyrimidine bases during complex chemical reactions, ensuring the stability and specificity of the final product. Additionally, it is employed in the synthesis of modified nucleic acids for research in molecular biology and biochemistry, aiding in the study of genetic material and its functions. Its role in facilitating precise and controlled reactions makes it valuable in pharmaceutical and biotechnological applications.