Used as a chiral catalyst in asymmetric synthesis, particularly in enantioselective carbon-carbon bond-forming reactions. Its rigid oxazole-phenanthroline framework provides excellent stereocontrol, making it effective in catalyzing reactions such as asymmetric allylic alkylation and cycloadditions. The compound is valued in pharmaceutical research for enabling the synthesis of single-enantiomer intermediates, where high optical purity is critical. It is also employed in coordination chemistry as a ligand for transition metals like copper and palladium, enhancing catalytic activity and selectivity in various organic transformations.