Widely used as a chiral auxiliary in asymmetric synthesis, this compound helps control the stereochemistry of reactions, particularly in the formation of carbon-carbon bonds. It is employed in the synthesis of enantiomerically pure pharmaceuticals, ensuring the desired biological activity of the final product. Additionally, it is utilized in the preparation of complex natural products and fine chemicals, where precise stereochemical control is critical. Its effectiveness in inducing asymmetry makes it a valuable tool in organic chemistry research and industrial applications.