This chemical is widely used as a chiral resolving agent in the separation of enantiomers, particularly in the pharmaceutical industry. It is employed to resolve racemic mixtures, enabling the isolation of specific enantiomers that may have distinct biological activities. Additionally, it serves as a key intermediate in the synthesis of optically active compounds, contributing to the production of drugs and fine chemicals with high enantiomeric purity. Its application extends to asymmetric synthesis, where it acts as a chiral auxiliary or catalyst, enhancing the stereoselectivity of chemical reactions.