Used as a chiral ligand in asymmetric catalysis, particularly in enantioselective organic transformations. Its oxazoline rings coordinate with metal centers such as copper or palladium, enabling highly stereoselective reactions like cyclopropanations, aldol additions, and allylic substitutions. Commonly employed in pharmaceutical synthesis where precise stereochemistry is critical. Also utilized in the development of chiral catalysts for industrial-scale processes due to its stability under various reaction conditions.