This chemical is widely used as a chiral ligand in asymmetric catalysis, particularly in transition metal-catalyzed reactions. It plays a crucial role in enantioselective synthesis, enabling the production of chiral molecules with high selectivity. Applications include hydrogenation, carbon-carbon bond formation, and other transformations in pharmaceutical and fine chemical industries. Its unique ferrocene-based structure provides excellent steric and electronic properties, enhancing catalytic efficiency and selectivity. It is also employed in the synthesis of complex organic compounds, including active pharmaceutical ingredients (APIs) and agrochemicals, where precise stereochemistry is essential for activity.