Used in drug delivery systems due to its biodegradable and biocompatible nature, allowing for controlled release of therapeutic agents. Enhances solubility and stability of poorly water-soluble drugs when formulated as a polymer conjugate. Employed in cancer therapy, where it serves as a carrier for anticancer drugs, enabling tumor-targeted delivery through the enhanced permeability and retention (EPR) effect. Applied in tissue engineering as a scaffold component, supporting cell adhesion and growth. Utilized in cosmetics for its moisturizing and skin-conditioning properties, helping retain hydration in dermal formulations. Investigated for use in anticoagulant coatings due to its structural similarity to natural polyanions in the body.