Used as a chiral catalyst in asymmetric hydrogenation reactions, particularly for prochiral olefins and ketones. Its well-defined rhodium(I) center coordinated with a chiral diphosphine ligand enables high enantioselectivity in the synthesis of optically active compounds. Commonly applied in pharmaceutical intermediates and fine chemical manufacturing where stereochemical control is critical. Soluble in polar organic solvents, making it suitable for homogeneous catalysis under mild reaction conditions. Often employed in the production of enantiomerically pure amino acids, fragrances, and specialty polymers.