Used in medical and cosmetic treatments for fat reduction, particularly in submental areas (under the chin). It works by disrupting fat cell membranes, leading to cell lysis and natural removal of destroyed fat cells by the body. Approved for use in injectable form to improve the appearance of double chin without surgery. Also utilized in pharmaceutical formulations to enhance solubility of poorly water-soluble drugs due to its bile salt properties. In research, it serves as a tool to study apoptosis and cellular signaling in cancer cells.