Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals. Its structure is particularly valuable in the development of antiviral agents, including those targeting HIV and hepatitis B. The hydroxyl and carboxylic acid groups enable it to participate in diverse chemical reactions, facilitating the creation of complex molecules with therapeutic potential. Additionally, it is employed in research settings to study enzyme inhibition and to design novel drug candidates with enhanced efficacy and reduced side effects.