This compound is primarily utilized in the field of medicinal chemistry, particularly in the development of steroidal drugs. Its structure is key in synthesizing derivatives that exhibit anti-inflammatory and immunosuppressive properties. Researchers explore its potential in creating treatments for autoimmune diseases and inflammatory conditions. Additionally, it serves as an intermediate in the production of more complex steroidal compounds, which are often used in hormone therapy and other therapeutic applications. Its unique chemical framework allows for modifications that can enhance biological activity and selectivity, making it valuable in drug discovery and development.