Used as a chiral catalyst or intermediate in asymmetric synthesis, particularly in reactions requiring high enantioselectivity. Its boron-containing structure enables activation of carbonyl compounds and facilitates stereoselective transformations, such as aldol or conjugate additions. Commonly employed in pharmaceutical synthesis where precise stereochemistry is critical. The hydrochloride salt form enhances stability and handling in solid state, while the pinanediol group acts as a chiral auxiliary to direct asymmetric induction. Suitable for use in research settings focused on developing enantiopure compounds.