Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of nicotinamide adenine dinucleotide (NAD) analogs and other biologically active compounds. Its ester groups allow for selective chemical modifications, making it valuable in medicinal chemistry for developing enzyme inhibitors and receptor ligands. Also employed in the preparation of coordination compounds and metal-organic frameworks due to its ability to act as a bridging ligand. Additionally, it serves as a building block in the synthesis of agrochemicals and functional materials.