Widely used as a chiral catalyst in asymmetric synthesis, particularly in enantioselective hydrogenation reactions. It enables high enantioselectivity in the reduction of prochiral olefins, ketones, and imines, making it valuable in the production of fine chemicals and pharmaceutical intermediates. Its well-defined stereochemistry allows for predictable and reproducible outcomes in catalytic cycles. Commonly employed in academic and industrial research for developing efficient synthetic routes to optically active compounds.