Used primarily in biochemical research and molecular biology, this compound serves as a key substrate in the synthesis of DNA. It is essential in enzymatic reactions, particularly those involving DNA polymerases, where it is incorporated into growing DNA strands during replication and repair processes. Additionally, it is utilized in the study of nucleotide metabolism and enzyme kinetics. Its role extends to the development of nucleic acid-based therapies and diagnostic tools, making it valuable in genetic engineering and biomedical applications.