Used primarily as an intermediate in the synthesis of corticosteroid pharmaceuticals, this compound plays a key role in enhancing the stability and bioavailability of active steroid molecules. Its modified ester structure allows for improved solubility, making it suitable for use in injectable or topical formulations. It is commonly employed in the production of anti-inflammatory and immunosuppressive drugs, particularly those targeting skin conditions, arthritis, and allergic responses. Due to its hemisuccinate group, it can be easily conjugated to form water-soluble prodrugs for intravenous or intramuscular administration.