Used as a chiral derivatizing agent in analytical chemistry, particularly for the separation and detection of enantiomers in complex mixtures. Its structure allows selective interaction with chiral compounds, making it valuable in high-performance liquid chromatography (HPLC) and capillary electrophoresis. Commonly applied in pharmaceutical analysis to resolve racemic mixtures and assess enantiomeric purity during drug development. Also employed in studies involving asymmetric synthesis where monitoring stereochemical outcomes is critical.