This chemical is primarily utilized as a chiral ligand in asymmetric synthesis, particularly in catalytic reactions such as hydrogenation, cross-coupling, and allylic alkylation. Its unique structure, incorporating a ferrocene backbone and chiral centers, makes it highly effective in inducing enantioselectivity, leading to the production of optically active compounds. It is widely applied in the pharmaceutical industry for the synthesis of chiral drugs, where enantiomeric purity is critical. Additionally, it finds use in academic research for developing new catalytic methodologies and exploring stereochemical outcomes in organic transformations.