Used extensively in the formulation of liposomes and lipid nanoparticles, it serves as a key component in drug delivery systems, enhancing the stability and bioavailability of therapeutic agents. Its amphiphilic nature allows it to integrate seamlessly into cell membranes, making it valuable in studies of membrane dynamics and biophysics. Additionally, it is employed in cosmetic products to improve skin hydration and barrier function, leveraging its moisturizing and emulsifying properties. In research, it acts as a substrate for phospholipase enzymes, aiding in the study of lipid metabolism and signaling pathways. Its biocompatibility and structural similarity to natural phospholipids make it a versatile tool in both industrial and scientific applications.