Used as a chiral ligand in asymmetric synthesis, particularly in catalytic reactions where enantioselectivity is crucial. It is effective in facilitating the formation of chiral centers in organic molecules, making it valuable in the production of pharmaceuticals and fine chemicals. Its application extends to the development of catalysts for hydrogenation and carbon-carbon bond formation, enhancing the efficiency and selectivity of these processes. Additionally, it is employed in the synthesis of complex natural products and bioactive compounds, contributing to advancements in medicinal chemistry and drug discovery.