This compound is primarily utilized as a chiral auxiliary in asymmetric synthesis, enabling the production of enantiomerically pure substances. It is particularly effective in controlling stereochemistry during the formation of carbon-carbon bonds, such as in aldol reactions, alkylations, and Diels-Alder reactions. Its rigid structure and ability to induce high enantioselectivity make it a valuable tool in the synthesis of complex molecules, including pharmaceuticals and natural products. Additionally, it is employed in the preparation of intermediates for drug development, where precise stereochemical control is critical for biological activity.