This compound is primarily utilized in the synthesis of steroid hormones and related pharmaceuticals. It serves as a key intermediate in the production of corticosteroids, which are widely used for their anti-inflammatory and immunosuppressive properties. Additionally, it plays a role in the development of androgen-based therapies, aiding in the treatment of conditions related to hormonal imbalances or deficiencies. Its structural properties make it valuable in research focused on understanding steroid metabolism and designing novel therapeutic agents.