Used as a key intermediate in the synthesis of various pharmaceuticals, particularly in the development of antiviral and anticancer agents. Its structure supports the formation of nucleoside analogs, which can interfere with viral replication or disrupt cancer cell metabolism. Also employed in the preparation of kinase inhibitors and other biologically active molecules targeting specific enzymes in signaling pathways. Additionally, it finds use in agrochemicals for developing novel pesticides with improved efficacy and selectivity.