This compound is widely used in the field of biochemistry and cell biology as a key component in the study of lipid membranes and their properties. It serves as a model phospholipid in research to understand membrane dynamics, lipid-protein interactions, and the role of lipids in cellular signaling pathways. Additionally, it is utilized in the development of drug delivery systems, particularly in liposome formulations, where it helps enhance the stability and efficiency of encapsulated therapeutic agents. Its amphiphilic nature makes it valuable in creating artificial membranes for experimental studies, aiding in the investigation of membrane-associated processes such as fusion, permeability, and vesicle formation.