Used as a chiral ligand in asymmetric catalysis, particularly in enantioselective transformations such as hydrogenation and transfer hydrogenation reactions. Its rigid oxazoline core and multiple phenyl groups provide a well-defined chiral environment, enhancing stereoselectivity. Commonly employed in the synthesis of chiral amines and alcohols, which are key intermediates in pharmaceuticals and fine chemicals. Also applied in coordination chemistry with transition metals like ruthenium and rhodium to form catalytically active complexes.