This compound is primarily utilized in advanced biomedical research, particularly in the study of cell membrane dynamics and lipid signaling pathways. It serves as a critical component in understanding the role of sphingolipids in cellular processes, including apoptosis, cell proliferation, and differentiation. Additionally, it is employed in the development of lipid-based drug delivery systems, enhancing the efficacy and targeting of therapeutic agents. Its unique structure also makes it valuable in investigating neurodegenerative diseases and exploring potential treatments by mimicking natural lipid interactions in neural tissues. Furthermore, it is used in cosmetic formulations to improve skin barrier function and hydration, leveraging its role in maintaining cellular integrity.