This compound is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of complex natural products and bioactive molecules. Its unique stereochemistry and functional groups make it valuable for constructing intricate molecular architectures, particularly in the synthesis of steroids and terpenoids. Additionally, it has been explored for its potential in creating novel therapeutic agents, especially in anti-inflammatory and anticancer drug development. Its vinyl and hydroxyl groups offer versatile reactivity, enabling modifications for targeted biological activity. Researchers also leverage its structure in studying enzyme interactions and biochemical pathways, contributing to advancements in medicinal chemistry.