This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of complex carbohydrates and glycoconjugates, which are essential for developing drugs targeting various diseases, including cancer and bacterial infections. Its structure, featuring multiple hydroxyl groups and a benzyloxy moiety, makes it a valuable building block for creating glycosylated molecules. These molecules play a critical role in modulating biological processes such as cell signaling, immune response, and pathogen recognition. Additionally, it is employed in the development of enzyme inhibitors and probes for studying glycosylation pathways, contributing to advancements in drug discovery and biochemical research.