This compound is primarily utilized in asymmetric synthesis and catalysis, particularly in the development of chiral ligands for transition metal complexes. Its structure, featuring a dihydrooxazole ring and quinoline moiety, makes it highly effective in facilitating enantioselective reactions, such as hydrogenation and carbon-carbon bond formation. It is often employed in pharmaceutical research to produce optically active intermediates, which are crucial for the synthesis of chiral drugs. Additionally, it serves as a key component in the preparation of advanced materials and fine chemicals, where stereochemical control is essential for achieving desired properties and activities.