Used as a chiral ligand in asymmetric catalysis, particularly in enantioselective organic transformations. Its rigid oxazoline framework enhances stereocontrol in reactions such as cyclopropanations, Diels-Alder, and aldol reactions. Commonly coordinates with metals like copper or palladium to form efficient catalytic systems for producing optically active compounds in pharmaceutical and fine chemical synthesis. Also employed in the development of chiral stationary phases for HPLC due to its ability to differentiate enantiomers.