This compound is widely utilized as a chiral auxiliary in asymmetric synthesis, particularly in the formation of enantiomerically pure compounds. It is highly effective in controlling stereochemistry during reactions such as aldol additions, Diels-Alder reactions, and alkylations. Its rigid structure and ability to induce high enantioselectivity make it a valuable tool in the synthesis of pharmaceuticals, where precise stereochemistry is critical. Additionally, it is employed in the preparation of complex natural products and fine chemicals, enabling the production of specific enantiomers with high purity. Its use significantly enhances the efficiency and selectivity of synthetic routes in organic chemistry.