Used as a key intermediate in enzymatic reactions, particularly in sulfation processes where it acts as a sulfate donor. It is essential in the biosynthesis of sulfated glycosaminoglycans, which are critical components of connective tissues and cell surfaces. Additionally, it plays a role in the detoxification pathways of various xenobiotics by facilitating their sulfation, enhancing their water solubility for excretion. This compound is also utilized in research to study enzyme kinetics and mechanisms of sulfotransferases. Its stability and solubility make it a valuable reagent in biochemical and pharmaceutical studies.