Used in pharmaceutical synthesis as an intermediate for antiparasitic and antiviral agents. Commonly employed in the development of drugs targeting protozoal and helminthic infections due to its structural similarity to purines, which allows it to interfere with nucleic acid synthesis in pathogens. Also utilized in the preparation of coordination compounds with metal ions for catalytic or antimicrobial applications. Its carboxylic acid functionality enables conjugation to carriers or modification for improved solubility and bioavailability in drug design.