This chemical is primarily utilized in the field of biomedical research and diagnostics. It serves as a crucial component in the development of advanced imaging agents, particularly for positron emission tomography (PET) scans. Its structure allows for effective labeling with technetium-99m, a widely used radioisotope in medical imaging. This enables precise visualization of specific biological targets, such as tumors or inflammation sites, aiding in accurate diagnosis and treatment planning. Additionally, it is employed in the study of pharmacokinetics and biodistribution of therapeutic agents, providing valuable insights into drug behavior within the body. Its versatility and compatibility with various biological systems make it a valuable tool in both clinical and research settings.