Used primarily as an intermediate in the synthesis of corticosteroids and other steroid-based pharmaceuticals. Its functional groups, including hydroxyl and ketone moieties, allow for selective chemical modifications essential in producing anti-inflammatory agents, hormonal therapies, and immunosuppressive drugs. Commonly employed in the preparation of glucocorticoids due to its stereochemistry and reactivity profile. Also utilized in research settings for developing novel steroid derivatives with targeted biological activity.