This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of biologically active molecules. Its unique structure, featuring a spirocyclopropane and indolinone moiety, makes it valuable for developing pharmaceutical agents, particularly in the design of enzyme inhibitors and receptor modulators. Researchers often employ it in the creation of potential drug candidates targeting neurological disorders, cancer, and inflammatory diseases. Additionally, its trifluoromethyl group enhances metabolic stability and bioavailability, making it a preferred choice in drug discovery and optimization processes.