Used in the semi-synthesis of anticancer drugs, particularly as a key intermediate in the production of paclitaxel (taxol) and its analogs. Its structural features allow for chemical modifications that enhance drug efficacy and solubility. Commonly employed in pharmaceutical research to develop new taxane-based chemotherapeutics with improved tumor targeting and reduced resistance. Also utilized in studies exploring novel delivery systems such as liposomal or nanoparticle formulations to optimize therapeutic outcomes.