Scutellaria subvelutina was found to be an excellent source of the catalpol ester scutellarioside I (3) and this was chemically converted into 5,7‐dideoxycynanchoside. The partially protected iridoid glucosides, 8,10:4′,6′‐di‐O‐isopropylidene‐5,7‐dideoxycynanchoside (6) and 6,2′,3′,6′‐tetra‐O‐benzoylantirrhinoside (10), as well as the fully protected 5,6‐O‐ isopropylidene‐2′,3′,4′,6′‐tetra‐O‐acetylantirrhinoside (8a) were subjected to ozonolysis with reductive work‐up using sodium tetrahydridoborate. Using a large excess of reductant, the reaction mixtures from 6 and 8a were reduced completely to give the respective polysubstituted cyclopentanols, while reduction of the ozonolysis product from 10 could be stopped at the hemiacetal 11 by employing a smaller amount of reductant.