This compound is primarily utilized in the field of organic synthesis, particularly as a chiral catalyst or ligand in asymmetric reactions. Its structural complexity and stereochemistry make it highly effective in facilitating enantioselective transformations, which are crucial for producing chiral molecules in pharmaceuticals and fine chemicals. It is often employed in the synthesis of biologically active compounds, where precise control over stereochemistry is essential for achieving desired therapeutic effects. Additionally, it may be used in research and development to explore new catalytic processes or optimize existing ones for industrial applications. Its unique properties also make it a valuable tool in academic studies focused on understanding reaction mechanisms and stereochemical outcomes.