Used as a highly efficient catalyst in asymmetric hydrogenation reactions, particularly in the synthesis of chiral pharmaceutical intermediates. Its application extends to the production of enantiomerically pure compounds, which are crucial in the development of drugs with specific biological activities. The catalyst is also employed in organic synthesis for the preparation of fine chemicals and agrochemicals, where high selectivity and yield are essential. Its robust performance under mild reaction conditions makes it a preferred choice in industrial processes aiming for sustainability and cost-effectiveness.