Used as a chiral resolving agent in the synthesis of enantiomerically pure compounds, particularly in the pharmaceutical industry. It is employed to separate racemic mixtures of amines and other basic compounds by forming diastereomeric salts, which can be easily separated. This chemical is also utilized in the preparation of chiral catalysts and ligands for asymmetric synthesis. Additionally, it serves as a key intermediate in the production of certain fine chemicals and active pharmaceutical ingredients (APIs) where high enantiomeric purity is required. Its role in enhancing the efficiency of stereoselective reactions makes it valuable in organic synthesis and drug development.