Used extensively in research to study lipid bilayers and membrane dynamics due to its deuterated form, which allows for precise analysis using techniques like NMR spectroscopy. It serves as a model compound to understand the behavior of phospholipids in biological membranes, aiding in the investigation of membrane fluidity, phase transitions, and interactions with proteins or drugs. Its deuterium labeling makes it particularly valuable in neutron scattering experiments, providing insights into membrane structure and organization. Additionally, it is employed in the development of liposomal drug delivery systems to enhance the stability and functionality of lipid-based carriers.