This chemical is primarily utilized in the field of biochemistry and molecular biology as a crosslinking agent. It is effective in creating stable bonds between biomolecules, such as proteins and nucleic acids, which is crucial for studying molecular interactions and structures. Additionally, it is used in the preparation of immunoconjugates, where it helps link antibodies to other molecules like drugs or fluorescent markers, enhancing the targeting and detection capabilities in therapeutic and diagnostic applications. Its ability to form strong, specific linkages also makes it valuable in the development of biosensors and other advanced biotechnological tools.