Used as a highly efficient chiral catalyst in asymmetric hydrogenation reactions, particularly for the synthesis of enantiomerically pure compounds in pharmaceuticals and fine chemicals. It shows excellent selectivity and activity in reducing prochiral olefins, ketones, and imines under mild conditions. Its sterically hindered phosphine ligands enhance enantioselectivity, making it valuable in the production of chiral intermediates for drugs and agrochemicals. Soluble in common organic solvents, it is suitable for homogeneous catalytic systems.