This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. Its unique structure, featuring a spirocyclopropane and indoline moiety, makes it a valuable intermediate for creating molecules with potential biological activity. Researchers explore its applications in designing compounds that target specific enzymes or receptors, particularly in the fields of oncology and neurology. Its ability to act as a building block for more complex structures allows for the development of drugs with improved efficacy and selectivity. Additionally, it is studied for its potential use in treating diseases related to protein misfolding or aggregation, such as neurodegenerative disorders.