This chemical is primarily utilized in the field of biotechnology and molecular biology, where it plays a crucial role in the modification and labeling of biomolecules. It is often employed in the conjugation of proteins and peptides, facilitating the attachment of various functional groups or markers that are essential for tracking and analysis in research studies. Additionally, its structure allows it to act as a linker in the synthesis of complex molecular constructs, enhancing the stability and solubility of the resulting compounds. This makes it valuable in the development of targeted drug delivery systems, where precise molecular interactions are critical. Furthermore, its application extends to the preparation of diagnostic reagents, where it aids in the detection and quantification of specific biological molecules, thereby supporting advancements in medical diagnostics and therapeutic monitoring.