Used as a chiral building block in the synthesis of pharmaceuticals, particularly in the production of enantiomerically pure compounds. It is also employed as a resolving agent to separate racemic mixtures into their individual enantiomers. Additionally, it finds application in asymmetric synthesis, aiding in the creation of complex molecules with high stereochemical control. Its role in catalysis and as a ligand in metal-catalyzed reactions is notable, enhancing selectivity and efficiency in chemical processes.