This compound is primarily utilized in asymmetric synthesis as a chiral ligand or catalyst. It plays a crucial role in facilitating enantioselective reactions, particularly in the production of pharmaceuticals and fine chemicals where high enantiomeric purity is essential. Its unique structure, combining diadamantanphosphino and sulfinamide groups, enhances its ability to induce chirality in various organic transformations, such as hydrogenation, cross-coupling, and addition reactions. This makes it valuable in the development of drugs, agrochemicals, and other biologically active molecules with specific stereochemical requirements.