Used as a key intermediate in the synthesis of complex natural products and bioactive molecules, particularly in the development of steroidal and terpenoid derivatives. Its intricate polycyclic framework and multiple stereocenters make it valuable in pharmaceutical research for designing drugs with high selectivity and potency. The hydroxy and ester functional groups allow for further chemical modifications, enabling the construction of diverse molecular libraries for biological screening. It is also employed in asymmetric synthesis to explore new routes for producing chiral therapeutics.