Used as a chiral ligand in asymmetric catalysis, particularly in enantioselective synthesis of pharmaceutical intermediates. Its structure enables high stereocontrol in transition metal-catalyzed reactions such as hydrogenation and C–C bond formation. Commonly employed in research settings to achieve high enantiomeric excess in the production of bioactive molecules. Also utilized in the development of catalysts for fine chemicals where precise spatial arrangement is critical. Shows stability under various reaction conditions, making it suitable for use in both academic and industrial synthetic routes.