Used primarily in pharmaceutical research and development, it serves as a key intermediate in the synthesis of various biologically active compounds. Its structure is particularly valuable in the creation of antiviral and anticancer agents, contributing to the development of new therapeutic drugs. Additionally, it plays a role in organic synthesis, aiding in the production of complex molecules for medicinal chemistry studies. Its applications also extend to biochemical research, where it is utilized in the study of enzyme interactions and metabolic pathways.