This compound is primarily used in research and development within the field of lipid biochemistry. It serves as a model phospholipid to study membrane dynamics, lipid-protein interactions, and the behavior of lipid bilayers. Its unique structure allows it to mimic natural phospholipids, making it valuable for investigating cell membrane properties and signaling pathways. Additionally, it is utilized in the formulation of liposomes for drug delivery systems, where it helps enhance the stability and efficiency of encapsulated therapeutic agents. Its application extends to studying lipid metabolism and the role of specific lipids in cellular processes.