Used as an intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and bioactive compounds. Its structure contains two hydroxyl groups and an ester functionality, making it suitable for derivatization in drug development. It has been explored in the synthesis of polyphenolic compounds with potential antioxidant properties. Also utilized in research related to metabolites of dietary phenolics, especially in studies involving flavonoid metabolism. The compound's polarity and functional group diversity support its use in developing water-soluble prodrugs or enhancing bioavailability in medicinal chemistry.