Primarily utilized in biochemical research, this compound is instrumental in studying platelet-activating factors (PAF) and their role in cellular signaling. It serves as a specific agonist for PAF receptors, enabling researchers to explore mechanisms of inflammation, immune responses, and allergic reactions. Its application extends to investigating cardiovascular diseases, where PAF receptors play a critical role in platelet aggregation and vascular permeability. Additionally, it is used in pharmacological studies to develop and test potential inhibitors or modulators of PAF receptor activity, contributing to advancements in therapeutic interventions for inflammatory and immune-related disorders.