Used in biochemical research for studying bile acid metabolism and liver function. Acts as a conjugated bile acid analog, helping investigate transport mechanisms in the hepatobiliary system. Employed in assays to evaluate enzyme activity, particularly in steroid and lipid metabolism pathways. Also utilized in the development of diagnostic methods for liver and gallbladder diseases due to its structural similarity to natural bile acids. Its sodium salt form improves solubility, making it suitable for in vitro and cell-based studies.