This compound is primarily utilized in the synthesis of nucleoside analogs, which are crucial in the development of antiviral and anticancer drugs. Its structure, featuring a protected hydroxyl group and a carbamate moiety, makes it a valuable intermediate in organic synthesis. Specifically, it is employed in the preparation of modified nucleosides that can inhibit viral replication or interfere with cancer cell proliferation. Additionally, its stereochemistry allows for precise control in the creation of biologically active molecules, enhancing the efficacy and specificity of the resulting compounds. This chemical is also explored in research for its potential in designing prodrugs, which can improve the bioavailability and therapeutic performance of active pharmaceutical ingredients.