This chemical is primarily utilized in organic synthesis as a protected form of a sugar derivative. It serves as an intermediate in the preparation of complex carbohydrates and nucleosides, which are crucial in the development of pharmaceuticals and biochemical research. The benzoyl groups provide stability and protection to the reactive hydroxyl groups during chemical reactions, enabling selective modifications. It is also employed in the synthesis of glycosides and other biologically active molecules, contributing to advancements in drug discovery and the study of carbohydrate-based therapeutics.