Used in advanced biochemical research as a complex chelating agent and targeting moiety in drug delivery systems, particularly in the development of radiopharmaceuticals for cancer imaging and therapy. Its multi-dentate structure allows strong binding to metal ions, making it valuable in MRI contrast agents and in the stabilization of therapeutic metal complexes. Due to its functional groups and stereochemistry, it is also employed in the synthesis of bioconjugates for precision medicine, where selective tumor targeting is required. Its hydrophilic nature and biocompatibility enhance pharmacokinetic properties when linked to peptides or antibodies.