Primarily utilized in research and development within the field of carbohydrate chemistry, this compound serves as a specialized substrate for studying enzymatic reactions and metabolic pathways. It is particularly valuable in the synthesis of complex sugars and glycoconjugates, aiding in the exploration of their structural and functional properties. Additionally, it finds application in the production of advanced biomaterials, where its unique structure contributes to the development of novel polymers with tailored characteristics. In the pharmaceutical industry, it is employed in the design and testing of drug delivery systems, leveraging its biocompatibility and stability. Its role in analytical chemistry includes serving as a reference standard for chromatographic and spectroscopic techniques, ensuring accurate identification and quantification of similar compounds.