Used extensively in asymmetric hydrogenation reactions, particularly in the synthesis of chiral compounds for pharmaceuticals. It serves as a highly effective ligand in catalytic processes, enabling the production of enantiomerically pure substances. Its application is crucial in the development of active pharmaceutical ingredients (APIs), where precision in stereochemistry is essential. Additionally, it is employed in the fine chemical industry for the preparation of intermediates used in agrochemicals and specialty chemicals. The ligand's versatility and efficiency make it a valuable tool in organic synthesis, enhancing reaction yields and selectivity.