Used primarily as a fatty acid ester in research and development of lipid-based formulations, this compound serves as a model polyunsaturated fatty acid derivative in studies related to lipid oxidation, membrane fluidity, and metabolic pathways. It is employed in biochemical assays to mimic essential fatty acid behavior, particularly in cell culture systems where controlled lipid inputs are required. Its structure makes it suitable for investigating enzyme specificity, especially in lipoxygenase and cyclooxygenase activity. Additionally, it finds use in the synthesis of structured triglycerides and in the development of nutritional supplements and pharmaceuticals targeting inflammatory and cardiovascular conditions. Due to its multiple conjugated double bonds, it is also utilized in spectroscopic studies to understand electron delocalization and radical stability in unsaturated systems.