This chemical is primarily utilized as a chiral ligand in asymmetric catalysis, particularly in transition metal-catalyzed reactions. Its unique structure and stereochemistry enable it to induce high enantioselectivity in various organic transformations, such as hydrogenation, carbon-carbon bond formation, and other key synthetic processes. It is especially valuable in the pharmaceutical industry for the synthesis of enantiomerically pure compounds, which are crucial for developing drugs with specific biological activities. Additionally, its stability and efficiency make it a preferred choice in academic and industrial research for exploring new catalytic methodologies.