This chemical is primarily utilized in the field of steroid chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various steroid-based drugs, particularly those related to hormonal regulation and anti-inflammatory medications. Its structure is often modified to develop compounds that can interact with specific hormone receptors in the body, making it valuable for creating treatments for conditions like hormonal imbalances, autoimmune disorders, and certain types of cancer. Additionally, it is used in laboratory studies to explore the biochemical pathways and mechanisms of steroid hormones, aiding in the development of novel therapeutic agents.