This compound is widely used in the field of biochemistry and pharmaceuticals for its role in lipid research and drug delivery systems. It serves as a key component in the formulation of liposomes, which are used to encapsulate and deliver therapeutic agents to specific targets in the body. Its amphiphilic nature allows it to form stable bilayer structures, making it ideal for mimicking cell membranes in studies related to membrane dynamics, protein interactions, and cellular signaling. Additionally, it is utilized in the development of vaccines and gene therapies, where it helps enhance the stability and efficacy of the administered substances. In cosmetic formulations, it acts as an emulsifier and skin-conditioning agent, improving the texture and absorption of products. Its applications also extend to the food industry, where it is used as an emulsifier in various food products to maintain consistency and stability.