This chemical is primarily utilized in the field of organic synthesis, particularly in the development of complex carbohydrate derivatives. It serves as a key intermediate in the preparation of various biologically active compounds, including glycosidase inhibitors and other carbohydrate-based pharmaceuticals. Its unique structure allows for selective modifications, enabling researchers to explore and design novel therapeutic agents targeting specific enzymes or receptors. Additionally, it is employed in the study of carbohydrate chemistry to understand reaction mechanisms and stereochemical outcomes, aiding in the advancement of synthetic methodologies.