Used in research to study cell signaling pathways and membrane biology, particularly in understanding the role of sphingolipids in cellular processes. It serves as a synthetic analog to naturally occurring sphingomyelin, aiding in the investigation of lipid metabolism and its impact on cell function. Applied in studies related to apoptosis, inflammation, and cancer biology, as sphingolipids are known to play a role in these processes. Also utilized in the development of lipid-based drug delivery systems due to its structural similarity to natural lipids, enhancing biocompatibility and targeting efficiency. Additionally, it is employed in pharmaceutical and cosmetic formulations, especially skincare products, to improve skin elasticity, hydration, and barrier function.