This compound is primarily utilized in the field of antiviral research, particularly in the development of nucleoside analogs. It serves as a potential inhibitor of viral replication, targeting viruses such as HIV and hepatitis B. Its structure allows it to incorporate into viral DNA, disrupting the replication process and preventing the virus from proliferating. Additionally, it is studied for its potential use in cancer therapy, where it may interfere with the DNA synthesis of rapidly dividing cancer cells. Its unique iodine substitution enhances its binding affinity and stability, making it a promising candidate for further pharmacological development.