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 in biological systems. It is also employed in the formulation of liposomes and other drug delivery systems, where it helps in understanding the encapsulation and release mechanisms of therapeutic agents. Additionally, it is utilized in the development of lipid-based vaccines and adjuvants, contributing to advancements in immunology and vaccine technology. Its role in mimicking natural phospholipid structures makes it valuable for studying cellular processes and developing novel biomedical applications.