This compound is primarily utilized in the development of advanced drug delivery systems due to its unique amphiphilic structure. It serves as a key component in the synthesis of polymeric micelles, which are designed to encapsulate hydrophobic drugs, enhancing their solubility and bioavailability. The compound’s ethylene oxide chains and tertiary butyl groups contribute to its ability to form stable micelles in aqueous environments, making it suitable for targeted cancer therapies. Additionally, it is employed in the preparation of biocompatible coatings for medical devices, improving their performance and reducing adverse immune responses. Its application also extends to the field of nanotechnology, where it is used to create functionalized nanoparticles for imaging and diagnostic purposes.