Used in lipid signaling research due to its structural similarity to bioactive lysophospholipids. It serves as a synthetic intermediate in the development of lipid mediators that modulate cellular processes such as inflammation and cell proliferation. Commonly employed in studies exploring phospholipase activity and membrane dynamics, particularly in models of lipid metabolism disorders. Its cyclic phosphate group makes it a stable analog for probing enzyme-substrate interactions in signaling pathways. Also utilized in formulation of lipid-based drug delivery systems where controlled release and membrane interaction are critical.