Used primarily in the field of biochemistry and molecular biology, it serves as a crucial intermediate in the synthesis of modified nucleosides and nucleotides. These compounds are essential for research in DNA and RNA studies, particularly in understanding the mechanisms of nucleic acid synthesis and modification. It is also employed in the development of antiviral and anticancer drugs, where its incorporation into oligonucleotides can enhance therapeutic efficacy. Additionally, it plays a role in the production of labeled nucleosides for diagnostic purposes, aiding in the detection and analysis of genetic material in various biomedical applications.