Used primarily in the synthesis of chiral compounds, this chemical plays a crucial role in asymmetric catalysis, particularly in the production of pharmaceuticals where enantioselectivity is essential. It is also employed in the development of ligands for metal-catalyzed reactions, enhancing the efficiency and specificity of these processes. Additionally, it finds application in organic synthesis, aiding in the construction of complex molecular architectures with high precision. Its stereochemical properties make it valuable in research focused on stereoselective transformations, contributing to advancements in medicinal chemistry and material science.