This compound is widely used in the formulation of liposomes and lipid-based drug delivery systems due to its ability to stabilize lipid bilayers and enhance the encapsulation of therapeutic agents. It serves as a key component in the development of vaccines, particularly in adjuvant systems, to improve immune responses. Additionally, it is utilized in cosmetic and skincare products as an emulsifier and moisturizing agent, helping to maintain skin hydration and improve product texture. In research, it is employed as a model phospholipid to study membrane dynamics and interactions in biological systems. Its biocompatibility and structural properties make it valuable in various biomedical and industrial applications.