This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. Its unique structure makes it a valuable intermediate in the creation of bioactive molecules, especially those targeting neurological and oncological disorders. Researchers leverage its spirocyclic and isoindolinone components to design compounds with potential therapeutic effects, such as enzyme inhibition or receptor modulation. Additionally, it is explored in medicinal chemistry for its ability to enhance drug-like properties, including stability and bioavailability, making it a key building block in the development of new medications.