Used primarily in the synthesis of modified nucleosides, it plays a crucial role in the development of antiviral and anticancer drugs. This compound is a key intermediate in the production of nucleoside analogs, which are designed to inhibit the replication of viruses and cancer cells by interfering with their nucleic acid synthesis. It is also utilized in research to study the mechanisms of RNA and DNA synthesis, aiding in the understanding of genetic processes and the development of targeted therapies. Additionally, it finds applications in the field of biochemistry for the modification of nucleic acids, enabling the exploration of their structure and function.