Used as a chiral building block in asymmetric synthesis, particularly in the preparation of chiral ligands for transition metal catalysts. Its rigid, C2-symmetric structure makes it ideal for inducing high enantioselectivity in catalytic reactions such as asymmetric hydrogenation, Diels-Alder, and aldol reactions. Commonly employed in the pharmaceutical industry to develop enantiomerically pure drugs. Also utilized in the design of chiral sensors and advanced materials requiring stereochemical control.