Used in the synthesis of modified nucleosides, this compound plays a crucial role in the development of oligonucleotides for therapeutic and diagnostic applications. It is particularly valuable in the field of antisense technology, where it helps in creating molecules that can bind to specific RNA sequences to modulate gene expression. Additionally, it is employed in the preparation of labeled nucleotides for use in various biochemical assays and imaging techniques. Its unique structure allows for the introduction of functional groups that can enhance the stability and specificity of the resulting oligonucleotides, making it a key component in advanced biomedical research.