Widely used as a chiral ligand in asymmetric catalysis, this compound plays a key role in enantioselective transformations. It forms stable complexes with transition metals such as rhodium, ruthenium, and iridium, which are employed in hydrogenation reactions of prochiral substrates like ketones, alkenes, and imines. The rigid pyridine backbone and chiral oxazoline rings provide excellent stereocontrol, leading to high enantiomeric excess in the products. It is particularly effective in industrial synthesis of pharmaceuticals and fine chemicals where precise chirality is required. Its robustness under various reaction conditions and ease of recovery make it a preferred choice in both academic and industrial settings.