Used as a chiral derivatizing agent in the resolution of racemic mixtures, particularly for the separation of enantiomers in pharmaceutical compounds. Its structure allows for selective interaction with chiral amines and alcohols, making it valuable in asymmetric synthesis and stereochemical analysis. Commonly employed in high-performance liquid chromatography (HPLC) to form diastereomeric derivatives that can be easily separated and quantified. Also utilized in the development and purification of enantiomerically pure drugs, where precise stereochemistry is critical for biological activity.