Used primarily in the pharmaceutical and research industries, this compound serves as a key intermediate in the synthesis of various steroid hormones. Its structure allows it to be modified into active pharmaceutical ingredients, particularly in the development of corticosteroids and other therapeutic agents. In research, it is utilized to study steroid metabolism and hormone-related pathways, aiding in the understanding of endocrine functions and potential treatments for hormonal disorders. Additionally, it may be employed in the production of anti-inflammatory and immunosuppressive drugs, contributing to advancements in medical therapies.