Used as a key intermediate in the synthesis of glycoside drugs, particularly in the preparation of glucuronide conjugates for pharmaceutical metabolism studies. It plays an important role in the development of prodrugs by enabling selective glycosylation of active compounds, improving solubility and bioavailability. Commonly employed in the production of steroid and flavonoid glucuronides for use in diagnostic assays and drug delivery systems. Also utilized in carbohydrate chemistry research to build complex oligosaccharides with defined structures.