Widely used in asymmetric synthesis, particularly in the preparation of chiral compounds. It serves as a key chiral auxiliary in organic reactions, enabling the formation of enantiomerically pure products. Commonly employed in the synthesis of pharmaceuticals, where precise stereochemistry is crucial for drug efficacy and safety. Its application extends to the production of fine chemicals and specialty materials that require high enantiomeric purity. Additionally, it is utilized in academic research for developing new methodologies in asymmetric catalysis and stereoselective transformations.