This chemical is primarily utilized in the field of biochemistry and molecular biology as a key intermediate in the synthesis of modified nucleotides. It plays a significant role in the development of oligonucleotides, which are essential for various research applications, including gene editing, PCR (polymerase chain reaction), and DNA sequencing. Additionally, it is used in the study of enzyme mechanisms, particularly those involving kinases and phosphatases, due to its structural similarity to natural nucleotides. Its incorporation into synthetic nucleic acids also aids in the investigation of DNA repair processes and the design of therapeutic agents targeting genetic disorders.