This chemical is primarily utilized in the field of asymmetric catalysis, where it serves as a chiral ligand. Its structure, featuring oxazoline rings, makes it highly effective in facilitating enantioselective reactions, particularly in the synthesis of pharmaceuticals and fine chemicals. The compound is often employed in transition metal-catalyzed processes, such as hydrogenation, carbon-carbon bond formation, and other transformations where high enantiomeric purity is crucial. Its ability to induce chirality in products makes it valuable for producing optically active compounds, which are essential in drug development and other industries requiring precise stereochemistry. Additionally, its stability and selectivity under various reaction conditions contribute to its widespread application in organic synthesis.