Used primarily in the pharmaceutical industry as an intermediate in the synthesis of corticosteroid drugs. It serves as a key precursor in the production of anti-inflammatory and immunosuppressive agents, particularly those used to treat skin conditions, asthma, and rheumatoid arthritis. Due to its functional groups—such as hydroxyl, ketone, and acetyloxy—it can be selectively modified to produce active pharmaceutical ingredients with enhanced glucocorticoid activity. Its structure allows for efficient semi-synthetic transformations, making it valuable in steroid manufacturing processes.