Widely used as a chiral ligand in asymmetric catalysis, this compound plays a key role in enantioselective hydrogenation reactions. It is particularly effective in the synthesis of chiral amines and amino acids, which are important building blocks in pharmaceuticals. The ligand’s rigid oxazoline and diphenylphosphine groups enhance metal coordination, improving stereocontrol when used with rhodium or iridium catalysts. Its application extends to the production of bioactive molecules where high enantiomeric purity is required, making it valuable in drug development and fine chemical synthesis.