Used primarily as a key intermediate in the synthesis of sphingolipids, this compound plays an important role in biochemical research, particularly in studies related to cell membrane structure and signaling pathways. It serves as a structural backbone for bioactive sphingolipid derivatives involved in regulating cell growth, differentiation, and apoptosis. Due to its stereochemistry, it is valuable in the development of enzyme inhibitors and probes for studying sphingolipid metabolism. It is also employed in the preparation of therapeutic agents targeting neurological disorders, cancer, and inflammatory diseases where sphingolipid imbalances are implicated.