Used as a chiral resolving agent in the pharmaceutical industry to separate enantiomers of racemic compounds, ensuring the production of optically pure drugs. It is particularly effective in resolving amines and amino acids, which are critical in the synthesis of active pharmaceutical ingredients. Additionally, it serves as a catalyst in asymmetric synthesis, enhancing the efficiency and selectivity of chemical reactions. Its application extends to the preparation of chiral intermediates for agrochemicals and fine chemicals, contributing to the development of more effective and targeted products.