Used as a chiral ligand in asymmetric catalysis, particularly in enantioselective hydrogenation reactions. Its phosphine-oxazoline structure coordinates effectively with transition metals like rhodium and iridium, enabling high enantioselectivity in the synthesis of chiral molecules. Commonly applied in pharmaceutical intermediates and fine chemicals where stereochemical control is critical. The rigid chiral environment provided by the ligand enhances selectivity, making it valuable in industrial and academic research settings for producing single-enantiomer compounds.