This chemical is primarily utilized as a chiral ligand in asymmetric synthesis, particularly in catalytic reactions where enantioselectivity is crucial. It is often employed in transition metal-catalyzed processes, such as hydrogenation, to produce optically active compounds with high stereochemical purity. Its rigid cyclopropane backbone and chiral oxazole rings make it effective in controlling the spatial arrangement of reactants, leading to enhanced selectivity and efficiency in the formation of chiral products. This makes it valuable in the pharmaceutical industry for synthesizing enantiomerically pure drugs and intermediates. Additionally, it finds use in academic research for developing new asymmetric methodologies and exploring chiral catalysis mechanisms.