Used as a key intermediate in organic synthesis, particularly in the preparation of complex natural products and pharmaceuticals. Its hydroxyl and silyl-protected alcohol functional groups allow for selective reactions, enabling stepwise construction of molecular frameworks. Commonly employed in multi-step syntheses where protection of alcohols is required, it helps control reactivity and stereochemistry. Widely utilized in the development of bioactive compounds, including antiviral and anticancer agents, due to its stability and ease of transformation into other functional groups.