Used as a catalyst in olefin metathesis reactions, particularly in the synthesis of complex organic molecules and pharmaceuticals. Its high activity and selectivity make it valuable in ring-closing metathesis (RCM) and cross-metathesis (CM) processes. Commonly applied in the production of fine chemicals, agrochemicals, and advanced materials where precise control over molecular structure is required. Stable under various reaction conditions, allowing use in both academic and industrial settings.