A new type of 9‐substituted‐5‐methyl‐2‐phenyl‐4H‐pyrazolophenoxazin‐4‐one derivatives was prepared by the condensation of 5‐methyl‐ and 6‐methyl‐2‐phenyl‐2H‐indazole‐4,7‐diones with 4‐substituted‐2‐aminophenols in pyridine. Relative reactivity of 2‐aminophenol derivatives in the condensation was studied.
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