This chemical is widely used in the field of bioconjugation and drug delivery systems. It serves as a key component in creating targeted drug delivery mechanisms, particularly in the development of liposomal formulations. The azide group allows for efficient click chemistry reactions, enabling the attachment of various targeting ligands or therapeutic agents. It is also employed in surface modification of nanoparticles to enhance their biocompatibility and circulation time in the body. Additionally, it plays a role in the synthesis of biomaterials for tissue engineering and diagnostic applications.