Used primarily in the development of pharmaceutical agents for hormone-related conditions. Its structure supports activity as a modulator in steroid signaling pathways, making it valuable in research focused on metabolic regulation and endocrine disorders. Commonly employed in the synthesis of compounds targeting nuclear receptors, particularly those involved in glucose and lipid metabolism. Also utilized in studies exploring anti-inflammatory effects and insulin sensitization, with potential applications in treating type 2 diabetes and metabolic syndrome. Its functional groups allow for chemical modifications to enhance bioavailability and receptor selectivity.