This compound is primarily used in biochemical research to study carbohydrate-protein interactions, particularly those involving sulfated glycans. It serves as a substrate or inhibitor in enzymatic assays to investigate the specificity and function of glycosyltransferases, sulfotransferases, and lectins. Its sulfated structure makes it valuable for exploring the role of sulfation in cell signaling, inflammation, and pathogen recognition. Additionally, it is utilized in the development of glycan-based therapeutics and diagnostics, particularly in targeting diseases where sulfated glycans play a critical role, such as cancer and infectious diseases.