Used as a key intermediate in the synthesis of complex carbohydrates and glycoconjugates, this compound plays a crucial role in glycosylation reactions. It is particularly valuable in the development of oligosaccharides and glycoproteins, which are essential for studying biological processes such as cell signaling and immune responses. Additionally, it is employed in the production of glycosidase inhibitors, which have potential therapeutic applications in treating diseases like diabetes and viral infections. Its acetylated form ensures stability and reactivity, making it a preferred choice in carbohydrate chemistry research and pharmaceutical development.