Widely used as a chiral ligand in asymmetric catalysis, this compound plays a key role in enantioselective transformations such as hydrogenation and transfer hydrogenation of prochiral ketones and imines. It forms highly selective complexes with transition metals like ruthenium, rhodium, and iridium, enabling the production of chiral alcohols and amines with high enantiomeric excess. These reactions are critical in the synthesis of pharmaceutical intermediates and fine chemicals where stereochemical purity is essential. Its rigid cyclohexane backbone and oxazoline moieties enhance steric and electronic control during catalysis, making it valuable in industrial and academic research settings focused on asymmetric synthesis.