This compound is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of steroidal drugs, particularly those targeting hormonal regulation and receptor modulation. Researchers employ it to study and synthesize derivatives with potential therapeutic applications, such as anti-cancer agents or treatments for endocrine disorders. Its unique structure allows for modifications that can enhance biological activity or selectivity, making it valuable in drug discovery and development processes. Additionally, it is used in biochemical studies to investigate steroid metabolism and enzyme interactions.