This compound is primarily utilized in asymmetric synthesis and catalysis, particularly in the development of chiral ligands for transition metal complexes. Its structure, featuring oxazoline rings and a dibenzofuran core, makes it highly effective in facilitating enantioselective reactions, such as hydrogenation, carbon-carbon bond formation, and other transformations in organic synthesis. It is often employed in the pharmaceutical industry to produce chiral intermediates for active pharmaceutical ingredients (APIs). Additionally, its stability and selectivity make it valuable in materials science for designing advanced chiral materials and catalysts.