This compound is primarily used in biomedical research and therapeutic applications due to its role as a platelet-activating factor (PAF) analog. It is employed to study inflammatory and immune responses, as PAF is a potent lipid mediator involved in various physiological and pathological processes. Researchers utilize it to investigate mechanisms of inflammation, allergic reactions, and anaphylaxis. Additionally, it serves as a tool in pharmacological studies to develop and test PAF receptor antagonists, which have potential therapeutic applications in treating conditions like asthma, sepsis, and cardiovascular diseases. Its use in laboratory settings also extends to exploring cellular signaling pathways and membrane dynamics in lipid research.