This compound is primarily utilized in the field of steroid chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various steroidal drugs, including corticosteroids and sex hormones. Its structure is crucial for developing compounds with anti-inflammatory, immunosuppressive, and hormonal regulatory properties. Additionally, it is explored in the production of contraceptives and treatments for hormonal imbalances. Researchers also investigate its potential in developing novel therapies for conditions like cancer and autoimmune diseases due to its steroidal backbone, which can be modified to enhance biological activity and specificity.