This chemical is primarily utilized in the field of bioconjugation and protein modification. It serves as a versatile linker for attaching various molecules, such as peptides, proteins, or antibodies, to other substrates or surfaces. Its reactive groups enable it to form stable covalent bonds, making it valuable in the development of diagnostic assays, drug delivery systems, and biomaterials. Additionally, it is employed in the synthesis of functionalized polymers and hydrogels, which are used in tissue engineering and controlled release applications. Its compatibility with aqueous environments further enhances its utility in biological and biomedical research.