This compound is primarily utilized in the field of pharmaceutical research and development, particularly in the synthesis of steroid hormones. It serves as a key intermediate in the production of various steroidal drugs, including those with anti-inflammatory, hormonal, and contraceptive properties. Its structural features make it valuable for modifying and creating derivatives that can be tested for biological activity. Additionally, it is used in academic and industrial laboratories to study steroid metabolism and to develop novel therapeutic agents targeting hormone-related conditions.