This chemical is primarily utilized in the synthesis of complex organic molecules, particularly in the field of carbohydrate chemistry. It serves as a key intermediate in the preparation of modified nucleosides and nucleotides, which are essential for developing antiviral and anticancer agents. The compound's structure, featuring protective benzyl groups and an allyl moiety, allows for selective deprotection and further functionalization, making it valuable in constructing biologically active molecules. Additionally, it is employed in the study of glycosylation reactions, aiding in the development of novel glycoconjugates for therapeutic and diagnostic applications. Its versatility also extends to the production of chiral building blocks for asymmetric synthesis in pharmaceutical research.