This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various steroidal drugs, particularly corticosteroids. Due to its structural modifications, it is often employed in the development of anti-inflammatory and immunosuppressive medications. Researchers use it to study the effects of halogenation and methylation on the biological activity of steroids, aiming to enhance potency, selectivity, and therapeutic efficacy. Additionally, it is explored in the design of novel glucocorticoid receptor agonists, which have applications in treating conditions like asthma, autoimmune diseases, and certain types of cancer. Its role in advancing steroid-based therapies makes it a valuable compound in drug discovery and development.