Used in lipid research and cell signaling studies due to its structural similarity to lysophosphatidic acid (LPA), a bioactive lipid involved in cell proliferation, migration, and survival. Serves as a reference standard or intermediate in the synthesis of complex lipids for biochemical assays. Employed in studies exploring lipid metabolism, membrane dynamics, and signal transduction pathways in mammalian systems. Also utilized in formulation of lipid-based delivery systems and in the development of analytical methods for lipidomics.