Primarily used in biomedical research, this compound serves as a key component in the study of cell membranes and lipid bilayers. Its structure mimics natural phospholipids, making it valuable for investigating membrane dynamics, fluidity, and interactions with proteins or other biomolecules. It is also utilized in the development of liposomes for drug delivery systems, enhancing the stability and targeting efficiency of therapeutic agents. Additionally, it plays a role in studies related to signal transduction pathways and cellular communication due to its similarity to endogenous phospholipids.