Widely used as a chiral catalyst in asymmetric hydrogenation reactions, enabling the efficient synthesis of enantiomerically pure compounds. Particularly effective for the reduction of functionalized ketones and olefins in pharmaceutical intermediates. Its high enantioselectivity makes it valuable in the production of fine chemicals and active pharmaceutical ingredients where stereochemical control is critical. Commonly applied in industrial-scale processes due to its robustness and compatibility with a range of substrates.