Used primarily in advanced organic synthesis, this compound serves as a key intermediate in the preparation of complex polycyclic molecules with potential biological activity. Its intricate ring structure and functional groups make it valuable in medicinal chemistry for constructing steroidal and terpenoid frameworks. It is particularly useful in developing analogs for drug discovery, especially in anti-inflammatory and anticancer research. The presence of ester and ketone functionalities allows for selective modifications, enabling chemists to tailor molecular properties for specific target binding. Additionally, it has been employed in studies involving natural product synthesis due to its structural similarity to bioactive natural compounds.