White to off-white powder
Employed as a catalyst for Suzuki cross-coupling and antiarthritic agent (inhibitor of cathepsin B). It is also used as catalyst in pharmaceutical research.
An acetato-bridged binuclear cyclopalladated complex of benzyldiphenylphosphine, [{Pd(C6H4CH2PPh2)(O2CMe)}], could been obtained by the reaction between the phosphine and palladium(II) acetate[1].
[1] Katsuma Hiraki, Toshinobu Uchiyama, Yoshio Fuchita. “Cyclopalladation of benzyldiphenylphosphine by palladium(II) acetate.” Inorganica Chimica Acta 69 (1983): Pages 187-190.