This compound is an excellent phosphine ligand serving as a catalyst in organic synthesis processes, particularly in reactions requiring specificity for creating asymmetric centers, such as asymmetric alkylation reactions or nucleophilic additions to carbon-carbon double bonds.

Due to its acid-base properties and unique shape, this substance enhances the efficiency and selectivity of catalysts in metal catalysis systems, especially when used with transition metals like palladium or ruthenium, in the formation of highly complex compounds that are important for drug and biologic development.

Additionally, its ability to create an asymmetric environment around the metal center makes this substance play a key role in the production of substances requiring isomer purity, such as drugs that need a specific molecular form to achieve the desired biological effect.