This compound is primarily utilized in research and biomedical applications due to its role as a phospholipid. It is often used in studies related to lipid bilayers and cell membrane models, helping scientists understand membrane structure and function. Additionally, it is employed in the development of liposomes for drug delivery systems, where it enhances the stability and efficiency of encapsulated therapeutic agents. Its unique structure also makes it a valuable component in investigating lipid metabolism and signaling pathways in cellular processes.