This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various steroid-based drugs, which are critical for treating a range of medical conditions. Its structural framework is essential for creating corticosteroids, which are widely used to reduce inflammation and suppress the immune system in conditions like asthma, arthritis, and allergic reactions. Additionally, it plays a role in the production of sex hormones, aiding in the development of therapies for hormonal imbalances and reproductive health issues. Its application extends to the study of metabolic pathways and the development of novel therapeutic agents targeting endocrine disorders.