This compound is primarily utilized in the field of organic synthesis as a chiral ligand or catalyst. Its structure, featuring a phenyl group and an oxazoline ring, makes it effective in asymmetric synthesis, particularly in reactions like hydrogenation, allylic alkylation, and cyclopropanation. It is also employed in the preparation of enantiomerically pure compounds, which are crucial in the pharmaceutical industry for developing drugs with specific stereochemistry. Additionally, its pyridine moiety contributes to its stability and reactivity in coordination chemistry, making it suitable for use in transition metal-catalyzed reactions.