This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various purine derivatives, which are essential in creating compounds with potential therapeutic applications. Specifically, it is used in the development of antiviral and anticancer agents due to its structural similarity to naturally occurring purines, which play a critical role in DNA and RNA synthesis. Additionally, it is employed in the study of enzyme inhibition, particularly targeting enzymes involved in nucleotide metabolism, making it valuable for understanding biochemical pathways and designing targeted drugs. Its applications also extend to the production of modified nucleosides and nucleotides, which are crucial in the development of novel treatments for genetic and infectious diseases.