This chemical is primarily utilized as a chiral ligand in asymmetric synthesis, particularly in catalytic reactions where enantioselectivity is crucial. Its structure, featuring multiple phenyl and oxazole groups, allows it to effectively coordinate with metal centers, such as rhodium or iridium, to form complexes that facilitate asymmetric hydrogenation, cyclopropanation, and other stereoselective transformations. It is especially valuable in the pharmaceutical industry for the synthesis of enantiomerically pure compounds, which are essential for producing active pharmaceutical ingredients (APIs) with high specificity and reduced side effects. Additionally, its application extends to materials science, where it aids in the development of chiral polymers and advanced organic frameworks.