This chemical is primarily used in glycobiology research for studying carbohydrate-protein interactions. It serves as a synthetic intermediate in the preparation of complex glycoconjugates, which are essential for understanding cellular communication and immune responses. The compound is also utilized in the development of glycosidase inhibitors, which have potential applications in treating diseases like diabetes and viral infections. Additionally, it plays a role in the synthesis of glycosylated natural products and pharmaceuticals, aiding in drug discovery and development. Its acetyl-protected form ensures stability during chemical reactions, making it a valuable tool in organic synthesis.