It is primarily used in research and development within the field of lipid biochemistry. This compound serves as a model lipid in studies related to membrane dynamics, lipid-protein interactions, and intracellular signaling pathways. It is particularly valuable in investigating the role of anionic phospholipids in cellular processes, such as endocytosis and membrane trafficking. Additionally, it is utilized in the formulation of liposomes for drug delivery systems, where its unique structure helps in stabilizing the vesicles and enhancing their interaction with biological membranes. Its application extends to studying the effects of lipid asymmetry and curvature in membrane systems, providing insights into cellular mechanisms and potential therapeutic targets.