This chemical is primarily utilized in organic synthesis, particularly in the preparation of complex carbohydrates and glycosides. It serves as a key intermediate in the development of various biologically active compounds, including antiviral and anticancer agents. Its benzyl and isopropylidene protecting groups allow for selective manipulation of the sugar moiety, enabling precise control over the stereochemistry and functionalization of the final product. Additionally, it is employed in the synthesis of nucleosides and nucleotides, which are crucial in the development of pharmaceuticals targeting genetic and metabolic disorders. Its stability and reactivity make it a valuable tool in carbohydrate chemistry research and drug discovery.