This compound is primarily used in the field of biochemistry and medical research, particularly in the study of cell membranes and lipid bilayers. It serves as a synthetic phospholipid, mimicking natural phospholipids found in cell membranes, which makes it valuable for creating model membrane systems. Researchers utilize it to investigate membrane dynamics, lipid-protein interactions, and the behavior of lipid-based drug delivery systems. Additionally, it is employed in the development of liposomes and other nano-carriers for targeted drug delivery, enhancing the stability and efficacy of therapeutic agents. Its applications also extend to the study of lipid metabolism and the role of phospholipids in cellular signaling pathways.