Widely used as a chiral ligand in asymmetric catalysis, this compound plays a key role in enantioselective transformations such as hydrogenation, carbon-carbon bond formation, and cross-coupling reactions. Its steric and electronic properties enhance selectivity and reactivity in transition metal-catalyzed processes, particularly with rhodium and ruthenium complexes. It is favored in pharmaceutical synthesis where high enantiomeric purity is required, enabling efficient production of single-enantiomer drugs. The ligand’s robust performance under various reaction conditions makes it suitable for both laboratory-scale research and industrial applications in fine chemicals and active pharmaceutical ingredients (APIs).