This complex is primarily utilized in asymmetric catalysis, particularly in hydrogenation reactions. It is highly effective in the enantioselective reduction of ketones and imines, producing chiral alcohols and amines with high optical purity. Its application is significant in the pharmaceutical industry, where it aids in the synthesis of chiral intermediates for active pharmaceutical ingredients (APIs). Additionally, it is employed in fine chemical synthesis for producing high-value compounds with specific stereochemistry. The catalyst’s robust performance under mild reaction conditions and its ability to deliver high selectivity make it a valuable tool in organic synthesis.