This compound is primarily utilized in the field of endocrinology and hormone research. It serves as a key intermediate in the synthesis of various steroid hormones and their derivatives. Its structure makes it valuable for studying the biochemical pathways and mechanisms of steroid hormones, particularly those related to estrogen metabolism. Additionally, it is employed in the development of pharmaceutical agents targeting hormonal disorders, such as certain types of cancers and endocrine-related conditions. Its application extends to laboratory research where it is used to investigate receptor binding and hormonal activity in cellular models.