This compound is primarily utilized in the field of organic synthesis and pharmaceutical research. Its unique spirocyclic structure makes it a valuable intermediate in the development of novel drug candidates, particularly those targeting complex biological pathways. The presence of both cyano and mercapto groups allows for versatile chemical modifications, enabling the creation of diverse derivatives with potential therapeutic applications. Researchers often explore its use in designing inhibitors for specific enzymes or receptors, contributing to the discovery of new treatments for diseases such as cancer, inflammation, and neurological disorders. Additionally, its structural complexity is of interest in the study of chemical reactivity and the development of advanced synthetic methodologies.