This compound is primarily utilized in the field of medicinal chemistry and drug development due to its unique structural properties. It serves as a key intermediate in the synthesis of biologically active molecules, particularly those targeting enzyme inhibition. Its spirocyclic and thiazole components make it a valuable scaffold for designing compounds with potential therapeutic applications, such as antimicrobial, antifungal, or anticancer agents. Researchers also explore its use in developing novel inhibitors for specific enzymes or receptors, leveraging its imino and mercapto functional groups for targeted interactions. Additionally, its carbonitrile group enhances its reactivity, making it suitable for further chemical modifications in the creation of diverse pharmacologically active compounds.