Used as a synthetic phospholipid in biochemical and biophysical research, particularly in the study of membrane dynamics and lipid-protein interactions. It serves as a substrate in enzyme assays involving phospholipases and other lipid-metabolizing enzymes due to its defined acyl chain length and head group. Commonly employed in the formation of model membranes such as liposomes and supported lipid bilayers to mimic biological membrane environments. Its short, saturated acyl chains enhance solubility and reduce phase transition temperature, making it suitable for studies requiring fluid membranes at room temperature. Also used in drug delivery research to stabilize lipid-based nanoparticles and improve encapsulation efficiency of therapeutic agents.