This chemical is widely used in bioconjugation and surface modification due to its unique properties. It is commonly employed in the development of drug delivery systems, where it acts as a linker to attach therapeutic agents to targeting molecules, enhancing the specificity and efficiency of drug delivery.

In nanotechnology, it is utilized to functionalize nanoparticles, improving their stability and biocompatibility. This is particularly important in medical imaging and diagnostic applications, where it helps in creating contrast agents with better performance.

Additionally, it plays a role in the modification of biosensors and biochips, where it aids in the immobilization of biomolecules on surfaces, enhancing the sensitivity and accuracy of these devices. Its ability to form stable bonds with various materials makes it valuable in the development of advanced materials for biomedical applications.