This compound is primarily utilized in biochemical research, particularly in the study of sialic acids and their derivatives. It serves as a key intermediate in the synthesis of more complex sialic acid analogs, which are essential for investigating cell surface interactions, glycoprotein functions, and carbohydrate-mediated processes. Its acetylated form enhances stability, making it suitable for various chemical modifications and enzymatic studies. Additionally, it is employed in the development of glycoconjugates and glycomimetics, which have potential applications in drug discovery, vaccine development, and diagnostics targeting diseases involving sialic acid metabolism.