This compound is primarily utilized in organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active molecules, particularly those targeting therapeutic applications. The presence of the 1,3-dioxoisoindolin moiety and the ester functional group makes it a versatile building block for constructing complex structures. It is often employed in the synthesis of compounds with potential anti-inflammatory, anticancer, or antimicrobial properties. Additionally, its reactivity allows for further modifications, enabling researchers to explore new chemical entities for drug discovery and development.