This chemical is primarily utilized in the synthesis of complex organic molecules, particularly in the development of pharmaceutical compounds. Its structure, featuring multiple ester groups, makes it a valuable intermediate in the production of active pharmaceutical ingredients (APIs). It is often employed in the preparation of nucleoside analogs, which are crucial in antiviral and anticancer therapies. Additionally, its benzoyl and acetyl groups contribute to its reactivity, enabling its use in protecting and deprotecting strategies during multi-step organic synthesis. This compound is also explored in research for designing prodrugs, where its ester linkages can be hydrolyzed in biological systems to release active drug molecules.