Used in drug delivery systems to enhance solubility and stability of poorly water-soluble drugs. Forms inclusion complexes with hydrophobic molecules, allowing controlled release and improved bioavailability. Applied in pharmaceutical formulations for targeted delivery, especially for anticancer and anti-inflammatory agents. Also utilized in hydrogels for biomedical applications due to its ability to form cross-linked networks that respond to environmental stimuli. Employed in sensors and separation technologies thanks to its molecular recognition properties.