Used primarily as an intermediate in the synthesis of steroid-based pharmaceuticals. It plays a role in modifying cholesterol derivatives for research in lipid metabolism and membrane biology. Due to the presence of the dichlorobenzoate ester group, it enhances lipophilicity, making it useful in studies involving cell membrane permeability and drug delivery systems. Also employed in the development of analytical standards for detecting cholesterol esters in biochemical assays. Its stability under various reaction conditions makes it suitable for use in organic synthesis, particularly in protecting group strategies during multi-step steroid transformations.