Used in the synthesis of cholesterol-based derivatives, it plays a key role in modifying biomolecules for research purposes. It is commonly employed in the preparation of liposomes and drug delivery systems, enhancing the targeting and stability of therapeutic agents. Additionally, it is utilized in the development of cholesterol-conjugated compounds for studying cellular processes and membrane interactions. Its application extends to material science, where it aids in creating specialized polymers and coatings with unique properties.