This compound is primarily utilized in the field of organic synthesis, particularly as an intermediate in the production of more complex pharmaceutical agents. Its structure, featuring a cinchona alkaloid backbone, makes it valuable in asymmetric synthesis, where it can act as a chiral catalyst or ligand. This enables the creation of enantiomerically pure compounds, which are crucial in the development of drugs with specific biological activities. Additionally, it may be employed in research settings to study stereoselective reactions, contributing to advancements in medicinal chemistry and drug design.