Used primarily in biochemical research, it serves as a tool to study biotin-related processes and enzyme activity. It is often employed in the development of biotinylated compounds for affinity purification and labeling techniques. Additionally, it finds application in the synthesis of biotin conjugates for diagnostic assays and imaging studies, aiding in the detection and visualization of specific biomolecules. Its role in enhancing the stability and bioavailability of biotin in various formulations is also noteworthy.