Widely used as a chiral catalyst in asymmetric hydrogenation reactions, enabling high enantioselectivity in the synthesis of complex organic molecules. Particularly effective for the reduction of prochiral olefins, ketones, and imines in pharmaceutical and fine chemical manufacturing. Its well-defined stereochemistry allows for precise control over product chirality, making it valuable in the production of enantiomerically pure drugs and intermediates. Often employed in homogeneous catalysis due to its solubility in polar organic solvents and robust performance under mild reaction conditions.