This compound is widely utilized in bioconjugation and chemical biology research. It serves as a linker molecule, enabling the attachment of various biomolecules, such as peptides, proteins, or antibodies, to other entities like nanoparticles, surfaces, or drug delivery systems. Its polyethylene glycol (PEG) spacer enhances solubility and reduces immunogenicity, making it suitable for applications in targeted drug delivery and therapeutic development. Additionally, it is employed in the synthesis of prodrugs, where it facilitates controlled release of active pharmaceutical ingredients. Its versatility also extends to material science, where it is used to modify surfaces for improved biocompatibility.