Used in drug delivery systems due to its ability to form stable host-guest complexes with various pharmaceutical agents, enhancing solubility and bioavailability. Shows promise in controlled release applications, particularly for anticancer and anti-inflammatory drugs. Also investigated for use in biosensors and molecular recognition due to high selectivity toward specific organic cations. Its water solubility and biocompatibility make it suitable for biomedical and therapeutic applications. Additionally employed in environmental remediation for capturing and removing organic pollutants from aqueous solutions.