This compound is primarily utilized in bioconjugation and protein modification processes. It serves as a crosslinking agent, enabling the attachment of biomolecules such as proteins, peptides, or antibodies to other molecules or surfaces. Its reactive hydrazide group allows for specific conjugation with aldehydes or ketones, making it valuable in the development of immunoassays, diagnostic tools, and targeted drug delivery systems. Additionally, it is employed in the synthesis of advanced materials and biofunctionalized surfaces for research and industrial applications.