Widely used as a homogeneous catalyst in organic synthesis, particularly in cyclopropanation and C–H functionalization reactions. Its high selectivity and efficiency make it valuable in pharmaceutical manufacturing, where precise stereochemical control is critical. The caprolactam ligands enhance solubility in polar organic solvents, improving catalyst performance in reactions involving diazo compounds. It is also employed in the development of fine chemicals and asymmetric synthesis due to its ability to promote enantioselective transformations.