This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate or building block in the synthesis of more complex molecules, particularly those targeting neurological disorders and cancer. Its unique structure, featuring a spirocyclopropane ring fused to an isoindolinone core, makes it valuable for designing drugs with specific biological activities. Researchers often explore its potential in developing inhibitors for enzymes or receptors involved in disease pathways. Additionally, its chemical framework is studied for its ability to modulate protein-protein interactions, which is crucial in drug discovery for various therapeutic areas.