Used as a synthetic phospholipid analog in research settings, particularly in studies involving membrane biology and liposome formation. It serves as a substrate for enzymes like phospholipase D and other phospholipid-metabolizing enzymes, enabling the investigation of lipid signaling pathways. Due to its defined acyl chain length, it is employed in biophysical studies to model cell membrane behavior and interactions with proteins. It is also utilized in drug delivery systems where controlled membrane composition is required for optimizing encapsulation and release of therapeutic agents.