Widely used as a precatalyst in homogeneous catalysis, particularly in hydrogenation and hydrosilylation reactions. Its rhodium center, stabilized by the ferrocene-based diphosphine ligand, offers high activity and selectivity under mild conditions. The presence of the labile cyclooctadiene ligand allows easy activation by substrate coordination, making it ideal for catalytic cycles in pharmaceutical and fine chemical manufacturing. Soluble in polar organic solvents, it supports efficient reaction profiles in industrial-scale transformations.