Used as an important intermediate in the synthesis of pharmaceutical compounds, particularly in the development of drugs for blood sugar control or novel antidiabetic agents such as SGLT2 inhibitors. The structure, featuring acetate groups and a methylthio substituent, enhances lipophilicity, facilitating better penetration through cell membranes and enabling high efficacy at the cellular level. This compound is crucial in research and development for drugs requiring high specificity toward biological targets, often utilized in late-stage synthesis due to its chiral centers and functional group compatibility.