This chemical is widely used in the field of organic synthesis, particularly in the development of complex molecules. It serves as a versatile building block for creating polyethylene glycol (PEG) derivatives, which are essential in drug delivery systems. Its structure allows for the attachment of therapeutic agents, enhancing their solubility and stability in biological systems. Additionally, it is utilized in the preparation of bioconjugates, where it acts as a linker to connect biomolecules such as peptides or proteins with other functional groups. This compound is also employed in materials science for modifying surfaces to improve biocompatibility and in the development of hydrogels for biomedical applications. Its role in click chemistry further expands its utility in creating tailored molecular architectures for research and industrial purposes.