This chemical is widely used as a chiral auxiliary in asymmetric synthesis, particularly in the formation of carbon-nitrogen and carbon-carbon bonds. It is highly effective in the enantioselective synthesis of amines, which are crucial intermediates in the production of pharmaceuticals, agrochemicals, and fine chemicals. The compound’s ability to induce high enantiomeric excess makes it valuable in the synthesis of biologically active molecules, such as drugs targeting central nervous system disorders, cardiovascular diseases, and cancer. Additionally, it is employed in the preparation of chiral ligands and catalysts, further enhancing its utility in organic synthesis. Its robustness and compatibility with various reaction conditions make it a preferred choice in industrial and academic research laboratories.