This compound is widely used in research and development within the field of lipid bilayers and membrane studies. It serves as a key component in creating model membrane systems to study the behavior of cell membranes under various conditions. Its application is crucial in understanding membrane fluidity, permeability, and interactions with other molecules like proteins and drugs. Additionally, it is utilized in the formulation of liposomes for drug delivery systems, where it helps in encapsulating therapeutic agents and improving their stability and targeting efficiency. In biophysical studies, it aids in investigating phase transitions and structural properties of lipid membranes, providing insights into cellular processes and potential therapeutic interventions.