Used primarily in the field of organic chemistry as a chiral catalyst or reagent in asymmetric synthesis. It plays a crucial role in facilitating enantioselective reactions, which are essential for producing compounds with high optical purity. This is particularly valuable in the pharmaceutical industry, where the synthesis of enantiomerically pure drugs is critical for efficacy and safety. It is also employed in research laboratories to study and develop new synthetic pathways for complex organic molecules. Additionally, it can be utilized in the preparation of intermediates for bioactive compounds, contributing to advancements in medicinal chemistry.