This chemical is widely used in the development of liposomes and lipid-based drug delivery systems. Its amphiphilic nature allows it to form stable lipid bilayers, making it suitable for encapsulating drugs, genes, or other therapeutic agents. It is particularly valuable in targeted drug delivery, as it can be functionalized to enhance specificity towards certain cells or tissues. Additionally, it is employed in research related to membrane biology and biophysics to study lipid interactions and membrane dynamics. Its succinyl group provides a reactive site for further chemical modifications, enabling its use in customizing drug carriers for improved efficacy and reduced side effects.