This compound is primarily utilized in the field of lipid research and membrane studies. It serves as a key component in the creation of liposomes and lipid bilayers, which are essential for mimicking cell membranes in experimental settings. Researchers use it to investigate membrane dynamics, permeability, and interactions with various biomolecules. Additionally, it finds application in drug delivery systems, where it helps in the encapsulation and targeted release of therapeutic agents. Its unique lipid structure also makes it valuable in studies related to lipid metabolism and signaling pathways.