Used as a key intermediate in the synthesis of bioactive molecules and natural products, particularly in the development of antifungal and antibacterial agents. Its furan rings and diol functionality allow for selective chemical modifications, making it valuable in medicinal chemistry for building complex heterocyclic compounds. It also serves as a precursor in the preparation of chiral ligands and organocatalysts used in asymmetric synthesis. Additionally, it finds use in polymer chemistry as a monomer for producing specialty resins with potential applications in coatings and adhesives.