Used as a chiral ligand in asymmetric catalysis, particularly in transition metal-catalyzed reactions such as asymmetric hydrogenation and cross-coupling. Its sterically hindered structure and well-defined chiral environment enable high enantioselectivity in the synthesis of pharmaceutical intermediates and fine chemicals. Commonly employed with rhodium, ruthenium, or palladium complexes to control stereochemistry during bond formation. Valued in academic and industrial research for developing enantiopure compounds.