Used primarily in the synthesis of complex organic molecules, this compound serves as a specialized building block in pharmaceutical research, particularly in the development of bioactive agents targeting cellular signaling pathways. Its ester linkage and extended alkenyl chain make it suitable for constructing lipid-like structures that mimic natural mediators. It is also employed in the design of prodrugs and drug delivery systems where controlled release and membrane permeability are critical. Due to its selective structural features, it plays a role in structure-activity relationship (SAR) studies for novel therapeutic agents.