This compound is primarily utilized in research related to lipid metabolism and cellular signaling. It plays a significant role in studying the function of glycosphingolipids in cell membranes, particularly in the nervous system. Researchers use it to explore its involvement in processes like cell recognition, adhesion, and signal transduction. Additionally, it serves as a valuable tool in investigating the mechanisms of lipid-related diseases, such as lysosomal storage disorders. Its application extends to the development of therapeutic strategies targeting lipid metabolism pathways.