This chemical is primarily used as a chiral ligand in asymmetric synthesis, particularly in catalytic reactions where enantioselectivity is crucial. It plays a significant role in transition metal-catalyzed processes, such as asymmetric hydrogenation, cross-coupling reactions, and the formation of carbon-carbon or carbon-heteroatom bonds. Its application is highly valued in the pharmaceutical industry for the synthesis of enantiomerically pure compounds, which are essential for producing drugs with specific biological activities. Additionally, it is employed in academic research to develop new methodologies for stereoselective transformations, contributing to advancements in synthetic organic chemistry.