Used in research settings as a model compound to study cholesterol derivatives and their behavior in lipid membranes. Its modified carbonate chain enhances lipophilicity, making it useful in investigating membrane fluidity and permeability in synthetic lipid bilayers. Also explored in drug delivery systems for stabilizing liposomal formulations due to its amphiphilic nature. Serves as an intermediate in organic synthesis for creating sterol-based functional materials, including steroids and hormones, particularly in pharmaceutical research. Additionally, used in cosmetic formulations to improve product stability and provide moisturizing effects on the skin by enhancing solubility in organic solvents and aiding absorption.