Used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and fine chemicals. It plays a role in the development of compounds with potential therapeutic applications, such as anti-inflammatory or antimicrobial agents. Its benzyl-protected hydroxyl groups make it valuable in multi-step synthetic processes, where selective deprotection is required. Additionally, it can be utilized in the synthesis of complex molecules for research purposes, aiding in the study of structure-activity relationships in drug discovery.