This chemical is primarily utilized in the development of advanced pharmaceutical compounds, particularly in the synthesis of steroid-based drugs. Its unique structure allows it to interact with specific hormone receptors, making it valuable in the research and production of treatments for hormonal imbalances and related disorders. Additionally, it is explored in the field of targeted drug delivery systems due to its ability to bind with certain cellular targets, enhancing the efficacy and specificity of therapeutic agents. Its fluorinated side chain also contributes to its potential use in imaging and diagnostic applications, where it can serve as a contrast agent or tracer in medical imaging techniques.