Used as a chiral building block in asymmetric synthesis, particularly in the preparation of enantiomerically pure pharmaceuticals and fine chemicals. Its anthracene moiety allows for fluorescence-based monitoring in reactions, making it valuable in mechanistic studies and sensor development. Also employed in the synthesis of chiral ligands for catalysis, where the amine group coordinates to metal centers, enhancing stereoselectivity in transformations such as hydrogenation and epoxidation.