This chemical is primarily utilized in the synthesis of complex organic compounds, particularly in the pharmaceutical and polymer industries. Its structure, featuring multiple ether linkages (polyethylene glycol-like chain), a terminal tert-butyl ester group as a protecting group, and a hydroxyl group, makes it suitable for creating biocompatible materials and drug delivery systems. The hydroxyl group allows for further functionalization, enabling its incorporation into larger molecules or polymers, while the tert-butyl ester can be selectively deprotected. It is often employed in the development of hydrogels, which are used in medical applications such as wound healing and controlled drug release. Additionally, its solubility in water and organic solvents makes it a versatile intermediate in organic synthesis and material science.