Used as a chiral ligand in asymmetric catalysis, particularly in enantioselective hydrogenation reactions. Its phosphine and oxazoline functional groups coordinate effectively with transition metals like rhodium and ruthenium, enabling high enantioselectivity in the synthesis of chiral molecules. Widely applied in pharmaceutical manufacturing for producing enantiomerically pure intermediates, especially in the development of active pharmaceutical ingredients (APIs) where stereochemistry is critical. Its rigid structure enhances stereocontrol, making it valuable in fine chemical synthesis and industrial-scale asymmetric transformations.