This compound is primarily utilized in the field of medicinal chemistry due to its structural similarity to purine bases, making it a valuable scaffold for drug development. It is often explored as a potential inhibitor of various enzymes, particularly kinases, which play a critical role in cell signaling and cancer progression. Researchers investigate its derivatives for their efficacy in targeting diseases such as cancer, inflammation, and autoimmune disorders. Additionally, its ability to modulate biological pathways makes it a candidate for the development of therapeutic agents with improved selectivity and potency. Its applications also extend to biochemical research, where it is used as a tool compound to study enzyme mechanisms and cellular processes.