This compound is primarily utilized in the synthesis of complex carbohydrates and glycoconjugates due to its role as a protected form of a sugar derivative. It serves as a key intermediate in the production of oligosaccharides, which are essential for studying biological processes such as cell signaling and immune responses. Additionally, it is employed in the development of glycosylated pharmaceuticals, where precise control over sugar moieties is critical for drug efficacy and stability. Its acetylated groups provide protection during chemical reactions, ensuring selective modification of the carbohydrate structure. This makes it valuable in both academic research and industrial applications related to glycobiology and medicinal chemistry.