Used as an anticoagulant in medical treatments, particularly in patients sensitive to standard heparin. It helps prevent blood clot formation during surgeries, dialysis, and prolonged hospitalization. Due to its modified structure, it offers a lower risk of inducing heparin-induced thrombocytopenia (HIT), making it a safer alternative in certain clinical settings. Also employed in research for studying glycosaminoglycan interactions and anticoagulant mechanisms.