This compound is primarily utilized in advanced lipid research and development, particularly in the study of lipid membranes and their interactions. It serves as a key component in creating model membrane systems to investigate cellular processes, such as signal transduction and membrane fluidity. Additionally, it is employed in the development of lipid-based drug delivery systems, enhancing the stability and bioavailability of therapeutic agents. Its unique structure also makes it valuable in studies related to lipid metabolism and the role of specific lipids in health and disease.