This compound is primarily used in biochemical and pharmacological research due to its role as a phospholipid derivative. It serves as a key component in studies involving cell membrane dynamics, lipid signaling, and the modulation of enzymatic activities. Its structure allows it to mimic natural phospholipids, making it valuable for investigating lipid-protein interactions and membrane-associated processes. Additionally, it is utilized in the development of liposomal drug delivery systems, where it enhances the stability and targeting efficiency of therapeutic agents. Its applications extend to studying apoptosis, inflammation, and other cellular mechanisms influenced by lipid mediators.