Lipase PS is widely used in organic synthesis for enantioselective transformations, particularly in the resolution of chiral alcohols and acids. It shows high activity and selectivity in esterification, transesterification, and hydrolysis reactions under mild conditions. This makes it valuable in the pharmaceutical industry for producing optically pure intermediates. It is also employed in the food industry for flavor modification and lipid structuring, such as in the production of specialty fats and oils. The enzyme is favored in green chemistry applications due to its biocompatibility, reusability when immobilized, and ability to function efficiently in non-aqueous media.