"A phosphatidyl alkylene oxide compound having the structural formula: ##STR5## where R1 and R2 are hydrogen or C2 -C24 organic acyl radicals; R3 is a C2 -C3 alkylene radical, X is hydrogen or an alkyl radical, n is a number of from 0 to about 200, and m is a number of from 2 to 10." . . . .