This chemical is primarily used as a crosslinking agent in the synthesis of polymers and biomaterials. It is particularly valuable in creating hydrogels, where it helps to form stable, water-absorbent networks. The compound is also utilized in drug delivery systems to enhance the controlled release of pharmaceuticals. Additionally, it finds application in surface modification to improve biocompatibility of medical devices. Its bifunctional nature allows it to act as a spacer or linker in bioconjugation processes, facilitating the attachment of molecules for diagnostic or therapeutic purposes.