AU2006225184A1 - Bicyclic compounds, process for their preparation and pharmaceutical compositions containing them - Google Patents

Description

AUSTRALIA

Patents Act 1990 COMPLETE SPECIFICATION STANDARD PATENT Applicants: DR. REDDY'S RESEARCH FOUNDATION REDDY-CHEMINOR, INC.

Invention Title: BICYCLIC COMPOUNDS, PROCESS FOR THEIR PREPARATION AND PHARMACEUTICAL COMPOSITIONS CONTAINING THEM The following statement is a full description of this invention, including the best method of performing it known to me/us: BICYCLIC COMPOUNDS, PROCESS FOR THEIR PREPARATION AND PHARMACEUTICAL COMPOSITIONS CON- TAINING THEM c Field of Invention The present invention relates to novel antiobesity and hypocholesterolemic compounds, their derivatives, their analogs, their tautomeric forms, their stereo-isomers, their polymorphs, their pharmaceutically acceptable salts, their pharma-ceutically acceptable solvates and pharmaceutically acceptable compositions containing them.

N More particularly, the present invention relates to novel p-aryl-a-oxysubstituted alkylcarboxylic acids of the general formula their derivatives, their analogs, their tautomeric forms, their stereoisomers, their polymorphs, their pharma-ceutically acceptable salts, their pharmaceutically acceptable solvates and pharma-ceutically acceptable compositions containing them.

R

1 R2 X X R6 R7 8 Rj-H R'O Y N-R5 go

YR

R

4 The present invention also relates to a process for the preparation of the above said novel compounds, their analogs, their derivatives, their tautomeric forms, their stereoisomers, their polymorphs, their pharmaceutically acceptable salts, pharmaceutically acceptable solvates, novel intermediates and pharmaceutical compositions containing them.

The compounds of the present invention lower total cholesterol increase high density lipoprotein (HDL) and decrease low density lipoprotein (LDL), which have a beneficial effect on coronary heart disease and atherosclerosis.

The compounds of general formula are useful in reducing body weight and for the treatment and/or prophylaxis of diseases such as hypertension, coronary heart disease, atherosclerosis, stroke, peripheral vascular diseases and related disorders. These compounds are useful for the treatment of familial hypercholesterolemia, hypertriglyceridemia, lowering of atherogenic lipoproteins, VLDL (very low density lipoprotein) and LDL. The compounds of the present invention can be used for the 0-2ri treatment of certain renal diseases including glomerulonephritis, glomerulosclerosis, Se nephrotic syndrome, hypertensive nephrosclerosis, retinnopathy and nephropathy. The C compounds of general formula are also useful for the treatment and/or prophylaxis of C'1 insulin resistance (type II diabetes), leptin resistance, impaired glucose tolerance, dyslipidemia, disorders related to syndrome X such as hypertension, obesity, insulin C resistance, coronary heart disease, and other cardiovascular disorders. These compounds I may also be useful as aldose reductase inhibitors, for improving cognitive functions in c dementia, treating diabetic complications, disorders related to endothelial cell activation, psoriasis, polycystic ovarian syndrome (PCOS) inflammatory bowel diseases, O 10 osteoporosis, myotonic dystrophy, pancreatitis, arteriosclerosis, xanthoma and for the treatment of cancer. The compounds of the present invention are useful in the treatment and/or prophylaxis of the above said diseases in combination/con-comittant with one or more HMG CoA reductase inhibitors and/or hypolipidemic/ hypolipoproteinemic agents such as fibric acid derivatives, nicotinic acid, cholestyr-amine, colestipol, or probucol.

Background of Invention Atherosclerosis and other peripheral vascular diseases are the major causes effecting the quality of life of millions of people. Therefore, considerable attention has been directed towards understanding the etiology of hypercholesterolemia and hyperlipidemia and development of effective therapeutic strategies.

Hypercholesterolemia has been defined as plasma cholesterol level that exceeds arbitrarily defined value called "normal" level. Recently, it has been accepted that "ideal" plasma levels of cholesterol are much below the "normal" level of cholesterol in the general population and the risk of coronary artery disease (CAD) increases as cholesterol level rises above the "optimum" (or "ideal") value. There is clearly a definite cause and effect-relationship between hypercholesterolemia and CAD, particularly for individuals with multiple risk factors. Most of the cholesterol is present in the esterified forms with various lipoproteins such as Low density lipo-protein (LDL), intermediate density lipoprotein (IDL), High density lipoprotein (HDL) and partially as Very low density lipoprotein (VLDL). Studies clearly indicate that there is an inverse correlationship between CAD and athero-sclerosis with serum HDL-cholesterol concentrations. Stampfer et al., N. Engl. J. Med, 325 (1991), 373-381) and the risk of CAD increases with increasing levels of LDL and VLDL.

0 -3- In CAD, generally "fatty streaks" in carotid, coronary and cerebral arteries, are found which are primarily free and esterified cholesterol. Miller et al., (Br. Med.J., S282 (1981), 1741 1744) have shown that increase in HDL-particles may decrease the Ci number of sites of stenosis in coronary arteries of human, and high level of HDLcholesterol may protect against the progression of atherosclerosis. Picardo et al., (Arteriosclerosis 6 (1986) 434 441) have shown by in vitro experiment that HDL is Scapable of removing cholesterol from cells. They suggest that HDL may deplete tissues of excess free cholesterol and transfer them to liver (Macikinnon et al., J. Biol. chem. 261 S(1986), 2548 2552). Therefore, agents that increase HDL cholesterol would have therapeutic significance for the treatment of hypercholesterolemia and coronary heart diseases (CHD).

Obesity is a disease highly prevalent in affluent societies and in the developing world and is a major cause of morbidity and mortality. It is a state of excess body fat accumulation. The causes of obesity are unclear. It is believed to be of genetic origin or promoted by an interaction between the genotype and environment. Irrespective of the cause, the result is fat deposition due to imbalance between the energy intake versus energy expenditure. Dieting, exercise and appetite suppression have been a part of obesity treatment. There is a need for efficient therapy to fight this disease since it may lead to coronary heart disease, diabetes, stroke, hyperlipidemia, gout, osteo-arthritis, reduced fertility and many other psychological and social problems.

Diabetes and insulin resistance is yet another disease which severely effects the quality of a large population in the world. Insulin resistance is the diminished ability of insulin to exert its biological action across a broad range of concentrations. In insulin resistance, the body secretes abnormally high amounts of insulin to compensate for this defect; failing which, the plasma glucose concentration inevitably rises and develops into diabetes. Among the developed countries, diabetes mellitus is a common problem and is associated with a variety of abnormalities including obesity, hypertension, hyperlipidemia Clin. Invest., (1985) 75 :809 817; N. Engl. J. Med. (1987) 317: 350-357; J. Clin. Endocrinol. Metab., (1988) 66 580 583; J. Clin. Invest., (1975) 68 957 969) and other renal complications (See Patent Application No. WO 95/21608). It is now increasingly being recognized that insulin resistance and relative hyperinsulinemia have a contributory role in obesity, hypertension, atherosclerosis and type 2 diabetes mellitus.

-4- C, The association of insulin resistance with obesity, hypertension and angina has been described as a syndrome having insulin resistance as the central pathogenic link- Syndrome-X.

C Hyperlipidemia is the primary cause for cardiovascular (CVD) and other peripheral vascular diseases. High risk of CVD is related to the higher LDL (Low Density OO Lipoprotein) and VLDL (Very Low Density Lipoprotein) seen in hyper-lipidemia.

Patients having glucose intolerance/insulin resistance in addition to hyper-lipidemia have CI higher risk of CVD. Numerous studies in the past have shown that lowering of plasma

\O

0 triglycerides and total cholesterol, in particular LDL and VLDL and increasing HDL 10 cholesterol help in preventing cardiovascular diseases.

Peroxisome proliferator activated receptors (PPAR) are members of the nuclear receptor super family. The gamma isoform of PPAR (PPARy) has been implicated in regulating differentiation of adipocytes (Endo-crinology, (1994) 135: 798-800) and energy homeostasis (Cell, (1995) 83: 803-812), whereas the alpha isoform of PPAR (PPARa) mediates fatty acid oxidation (Trend. Endocrin. Metab., (1993) 4: 291-296) thereby resulting in reduction of circulating free fatty acid in plasma (Current Biol. (1995) 618 -621). PPARa agonists have been found useful for the treatment of obesity (WO 97/36579). It has been recently disclosed that there exists synergism for the molecules, which are agonists for both PPARa and PPARy and suggested to be useful for the treatment of syndrome X (WO 97/25042). Similar synergism between the insulin sensitizer (PPARy agonist) and HMG CoA reductase inhibitor has been observed which may be useful for the treatment of atherosclerosis and xanthoma. (EP 0 753 298).

It is known that PPARy plays an important role in adipocyte differentiation (Cell, (1996) 87, 377-389). Ligand activation of PPAR is sufficient to cause complete terminal differentiation (Cell, (1994) 79, 1147-1156) including cell cycle withdrawal. PPARy is consistently expressed in certain cells and activation of this nuclear receptor with PPARy agonists would stimulate the terminal differentiation of adipocyte precursors and cause morphological and molecular changes characteristics of a more differentiated, less malignant state (Molecular Cell, (1998), 465-470; Carcinogenesis, (1998), 1949-53; Proc.

Natl. Acad. Sci., (1997) 94, 237-241) and inhibition of expression of prostate cancer tissue (Cancer Research (1998) 58:3344-3352) This would be useful in the treatment of certain types of cancer, which express PPARy and could lead to a quite nontoxic

(D

C) chemotherapy.

Leptin resistance is a condition wherein the target cells are unable to respond to leptin signal. This may give rise to obesity due to excess food intake and reduced energy 5 expenditure and cause impaired glucose tolerance, type 2 diabetes, cardio-vascular 00 diseases and such other interrelated complications. Kallen et al (Proc. Natl. Acad. Sci.

C (1996) 93, 5793-5796) have reported that insulin sensitizers which perhaps due to the I PPAR agonist expression and therefore lower plasma leptin concentrations. However, it Shas been recently disclosed that compounds having insulin sensitizing property also possess leptin sensitization activity. They lower the circulating plasma leptin concentrations by improving the target cell response to leptin (WO/98/02159).

A few -aryl- -hydroxy propionic acids their derivatives and their analogs have been reported to be useful in the treatment of hyperglycemia and hyperchole-sterolemia.

Some of such compounds described in the prior art are outlined below: i) U.S. Pat. 5,306,726 WO 91/19702 disclose several 3-aryl-2hydroxypropionic acid derivatives of general formulas (IIa) and (IIb) as hypolipidemic and hypoglycemic agents.

Z A COY (CH 2 )m X z- y(CH X'R Z- z (II a) (II b) Examples of these compounds are shown in formulas (II c) and (II d)

COOH

BnO S\ OEt (II c) 0 .(II d) -6-

O

ii) International Patent Applications, WO 95/03038 and WO 96/04260 d disclose compounds of formula (II e)

COOH

CH

3 lCH3 Ra-N OCH 2 Rb (I1 e) 00 wherein R a represents 2- benzoxazolyl or 2-pyridyl and Rb represent CF 3 CH20CH 3 or

CH

3 A typical example is (S)-3-[4-[2-[N-(2-benzoxazolyl)-N-methylamino] ethoxy]phenyl]-2-(2,2,2-trifluoroethoxy)propanoic acid (II f).

SOCOOH

N CH3 B'

SOCH

2

CF

3 (1) iii) International Patent Application Nos. WO 94/13650, WO 94/01420 and WO 95/17394 disclose the compounds of general formula (II g) A---X-(CH2 )-O-A2-A3

R

2 g) wherein A represents aromatic heterocycle, A 2 represents substituted benzene ring and

A

3 represents a moiety of formula (CH 2 wherein R 1 represents alkyl groups, m is an integer; X represents substituted or unsubstituted N; Y represents C=O or C=S; R 2 represents OR 3 where R 3 may be alkyl, aralkyl, or aryl group; n represents an integer in the range of 2-6. An example of these compounds is shown in formula (IIh).

S CCO 2

CH

2

CH

3 O)oN N O 6OPh (I b) S ummary of the Invention With an objective to develop novel compounds for lowering cholesterol and reducing body weight with beneficial effects in the treatment and/or prophylaxis of diseases related to increased levels of lipids, athero-sclerosis, coronary artery diseases, Syndrome-X, impaired glucose tolerance, insulin resistance, insulin resistance leading to type 2 diabetes and diabetes complications thereof, for the treatment of diseases wherein insulin resistance is the pathophysiological mechanism, for the treatment of hypertension, atherosclerosis and coronary artery diseases with better efficacy, potency and lower -7- CN toxicity, we focussed our research to develop new compounds effective in the treatment d' of the above mentioned diseases. Effort in this direction has led to compounds having general formula CI The main objective of the present invention is therefore, to provide novel -aryloxysubstituted alkylcarboxylic acids, their derivatives, their analogs, their tautomeric o) forms, their stereoisomers, their polymorphs, their pharmaceutically acceptable salts, their Spharmaceutically acceptable solvates and pharmaceutical compositions containing them, or their mixtures.

N Another objective of the present invention is to provide novel -aryl- oxysubstituted alkylcarboxylic acids, their derivatives, their analogs, their tautomeric forms, their stereoisomers, their polymorphs, their pharma-ceutically acceptable salts, their pharmaceutically acceptable solvates and pharmaceutical compositions containing them or their mixtures which may have agonist activity against PPARct and/or PPARy, and optionally inhibit HMG CoA reductase, in addition to having agonist activity against PPARa and/or PPARy.

Another objective of the present invention is to provide novel -ar yl- oxysubstituted alkylcarboxylic acids, their derivatives, their analogs, their tautomeric forms, their stereoisomers, their polymorphs, their pharma-ceutically acceptable salts, their pharmaceutically acceptable solvates and pharmaceutical compositions containing them or their mixtures having enhanced activities, without toxic effect or with reduced toxic effect.

Yet another objective of the present invention is a process for the preparation of novel -aryl- -oxysubstituted alkylcarboxylic acids of formula their derivatives, their analogs, their tautomeric forms, their stereoisomers, their polymorphs, their pharmaceutically acceptable salts and their pharma-ceutically acceptable solvates.

Still another objective of the present invention is to provide pharma-ceutical compositions containing compounds of the general formula their analogs, their derivatives, their tautomers, their stereoisomers, their poly-morphs, their salts, solvates or their mixtures in combination with suitable carriers, solvents, diluents and other media normally employed in preparing such compositions.

Another objective of the present invention is to provide novel inter-mediates, a process for their preparation and use of the intermediates in processes for preparation of (N (-aryl-a-oxysubstituted alkyl carboxylic acids of formula their derivatives, their 0 analogs, their tautomers, their stereo-isomers, their polymorphs, their salts and their pharmaceutically acceptable solvates.

Detailed Description of the Invention Oxysubstituted propionic acids, their derivatives and their analogs of the 00 present invention have the general formula (I)

IRI

R

6 R2X R R 8 0

R

3 N 5(CH 2 )n-(O)m-Ar R (I) NR R3 R YR'o() R4

R

9 where the groups R 2 R3, R 4 and the groups R- and R 6 when attached to a carbon atom, may be same or different and represent hydrogen, halogen, hydroxy, nitro, cyano, formyl or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, cycloalkoxy, aryl, aryloxy, aralkyl, aralkoxy, hetero-cyclyl, heteroaryl, beteroaralkyl, heteroaryloxy, heteroaralkoxy, acyl, acyloxy, hydroxyalkyl, amino, acylamino, alkylamino, arylamino, aralkylamino, aminoalkyl, alkoxycarbonyl, aryloxycarbonyl, aralkoxycarbonyl, alkoxyalkyl, aryloxyalkyl, aralkoxyalkyl. alkylthio, thioalkyl, alkoxycarbonylamino, aryl-oxycarbonylamino, aralkoxycarbonylamino, carboxylic acid or its derivatives, or sulfonic acid or its derivatives; one or both of R, and R 6 may also represent an oxo group when they are attached to a carbon atom; R' and R 6 when attached to a nitrogen atom represents hydrogen, hydroxy, formyl or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, cyclo-alkoxy, aryl, aralkyl, heterocyclyl, heteroaryl, heteroaralkyl, acyl, acyloxy, hydroxyalkyl, amino, acylamino, alkylamino, arylamino, aralkylamino, aminoalkyl, aryloxy, aralkoxy, heteroaryloxy, heteroaralkoxy, alkoxycarbonyl, aryloxycarbonyl, aralkoxycarbonyl, alkoxyalkyl, aryloxyalkyl, aralkoxyalkyl, alkylthio, thioalkyl groups, carboxylic acid derivatives, or sulfonic acid derivatives; X represents a heteroatom selected from oxygen, sulfur or NR1 where R"1 is selected from hydrogen or optionally substituted groups selected from alkyl, cycloalkyl, aryl, aralkyl, acyl, alkoxycarbonyl, aryloxycarbonyl, or aralkoxycarbonyl groups; Ar -9- C represents an optionally substituted divalent single or fused aromatic or heterocyclic R7 group; R represents hydrogen atom, hydroxy, alkoxy, halogen, lower alkyl, optionally substituted aralkyl group or forms a bond together with the adjacent group RS; R 8 represents hydrogen, hydroxy, alkoxy, halogen, lower alkyl group, acyl, or optionally substituted aralkyl or R 8 forms a bond together with R 7

R

9 represents hydrogen, or 00 optionally substituted groups selected from alkyl, cycloalkyl, aryl, aralkyl, alkoxyalkyl, I alkoxycarbonyl, aryloxycarbonyl, alkylaminocarbonyl, aryl-aminocarbonyl, acyl, heterocyclyl, heteroaryl, or heteroaralkyl groups; R' 1 represents hydrogen or optionally 0 substituted groups selected from alkyl, cycloalkyl, aryl, aralkyl, heterocyclyl, heteroaryl, S 10 or heteroaralkyl groups; Y represents oxygen or NR 2 where R' 2 represents hydrogen, alkyl, aryl, hydroxyalkyl, aralkyl, heterocyclyl, heteroaryl, or heteroaralkyl groups; R 1 0 and R 1 2 together may form a 5 or 6 membered cyclic structure containing carbon atoms, which may optionally contain one or more heteroatoms selected from oxygen, sulfur or nitrogen; the linking group represented by -(CH 2 may be attached either through a nitrogen atom or a carbon atom; n is an integer ranging from 1-4 and m is an integer 0 or 1.

Suitable groups represented by R' R 4 and the groups R 5 and R 6 when attached to carbon atom, may be selected from hydrogen, halogen atom such as fluorine, chlorine, bromine, or iodine; hydroxy, cyano, nitro, formyl; substituted or unsubstituted (CI-

C

1 2 )alkyl group, especially, linear or branched (Ci-C 6 )alkyl group, such as methyl, ethyl, n-propyl, isopropyl, n-butyl, iso-butyl, t-butyl, n-pentyl, iso-pentyl. hexyl and the like; cyclo(C 3

-C

6 )alkyl group such as cyclopropyl, cyclobutyl. cyclopentyl, cyclohexyl and the like, the cycloalkyl group may be substituted; cyclo(C 3

-C

6 )alkoxy group such as cyclopropyloxy, cyclobutyloxy, cyclopentyloxy, cyclohexyloxy and the like, the cycloalkoxy group may be substituted; aryl group such as phenyl or naphthyl, the aryl group may be substituted; aralkyl such as benzyl or phenethyl, C 6 HsCH 2

CH

2

CH

2 naphthylmethyl and the like, the aralkyl group may be substituted and the substituted aralkyl is a group such as CH 3

C

6

H

4

CH

2 Hal-C 6

H

4

CH

2

CH

3 0C 6

H

4

CH

2 6

H

4

CH

2

CH

2 and the like; heteroaryl group such as pyridyl, thienyl, furyl, pyrrolyl, oxazolyl, thiazolyl, imidazolyl, oxadiazolyl, tetrazolyl, benzopyranyl, benzofuranyl and the like, the heteroaryl group may be substituted; heterocyclyl groups such as aziridinyl, pyrrolidinyl, morpholinyl, piperidinyl, piperazinyl and the like, the heterocyclyl group C1 may be substituted; aralkoxy group such as benzyloxy, phenethyloxy, naphthylmethyloxy, phenyipropyloxy and the like, the aralkoxy group may be substituted; heteroaralkyl group such as fur-anmethyl, pyridinemethyl, oxazolemethyl, oxazolethyl and N1 the like, the heteroaralkyl group may be substituted; aralkylamino group such as

C

6

H

5

CH

2 NH, C 6

HS;CH

2

CH

2 NH, C 6

HSCH

2

NCH

3 and the like, which may be substituted; 00 alkoxycarbonyl such as methoxycarbonyl, ethoxycarbonyl and the like, which may be substituted; aryloxy-carbonyl group such as optionally substituted phenoxycarbonyl, naphthyloxycarbonyl and the like; aralkoxycarbonyl group such as benzyloxycarbonyl, IND phenethyl-oxycarbonyl, naphthylmethoxycarbonyl and the like, which may be substituted; (C I-C 6 )alkylamino group such as NHCH 3

NHC

2

H

5

IH

3 7

H

6 4 3 and the like, which may be substituted; (C 1

-C

6 )dialkylamino group such as N(CH 3 2

NCH

3

(C

2

H-

5

N(C

2

H-

5 2 and the like, which may be substituted; alkoxyalkyl group such as methoxy-methyl. ethoxymethyl, methoxyethyl, ethoxyethyl and the like, which may be substituted; aryloxyalkyl group such as CAHOCH 2

C

6 H1 5

OCH

2 CH1 2 naphthyloxymethyl and the like, which may be substituted; aralkoxyalkyl group such as C 6 H1 5

CH-

2

OCH

2 C6HsCH 2

OCH

2

CH

2 and the like, which may be substituted, heteroaryloxy and heteroaralkoxy, wherein heteroaryl moiety is as defined earlier and may be substituted; aryloxy group such as phenoxy, naphthyloxy and the like, the aryloxy group may be substituted; arylamino group such as HNC 6 HS5, NCH 3

(C(,H

5 NHC4-1 4

CH

3

NHC

6

H

4 -Hal and the like, which may' be substituted; amino group which may be substituted; amino(C 1

C

6 )alkyl which may be substituted; hydroxy(C 1

-C

6 )alkyl which may be substituted; (Ce-

C

6 )alkoxy such as methoxy, ethoxy, propyloxy, butyloxy, iso-propyloxy and the like, which may be substituted; thio(C 1

-C

6 )alkyl which may be substituted; (C 1

-C

6 )alkylthio which may be substituted; acyl group such as acetyl, propionyl or benzoyl and the like, the acyl g~roup may be substituted; acylaniino groups such as NHCOC- 3

NHCOC

2 Hi,

NHCOC

3 H7, NHCOC 6

H

5 and the like, which may be substituted; aralkoxycarbonylamino group such as NHCOOCH 2

CJI

5

NHCOOCH

2

CH

2

C

6

FI

5

N(CH

3

)COOCH

2

C

6 Hs,

N(C

2

H

5

)COOCH

2

C

6 Hs, NHCOOCH 2

C

6

H

4

CH

3

NHCOOCH

2

C

6

H

4

QCH

3 and the like, which may be substituted; aryloxycarbonylamino group such as NHCOOC 6 Hs,

NHCOOC

6

H

5

NCH

3

COOC

6

H

5

NC

2

HSCOOC

6

H

5

NHCOOC

6

H

4

CH

3

NHCOOC

6 H4OCH 3 and the like, which may be substituted; alkoxycarbonyl-amino group such as NHCOOC 2

H

5

NHCOOCH

3 and the like, which may be substituted; carboxylic 1 -11acid or its derivatives such as amides, like CONH 2 CONHMe, CONMe 2 CONHEt, CONEt 2 CONHPh and the like, the carboxylic acid derivatives may be substituted; acyloxy group such as OOCMe, OOCEt, OOCPh and the like, which may be substituted; C- sulfonic acid or its derivatives such as SO 2

NH

2

SO

2 NHMe, SO 2 NMe 2

SO

2

NHCF

3 and the like, the sulfonic acid derivatives may be substituted. One or both of R 5 and R 6 may also represent an oxo group.

When the groups represented by R' R 4 and the groups R5 and R 6 when attached to carbon atom are substituted, the substituents may be selected from halogen, hydroxy, NOor nitro or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, S 10 cycloalkoxy, aralkoxy, aryl, aralkyl, aralkoxyalkyl, heterocyclyl, heteroaryl, heteroaralkyl, acyl, acyloxy, hydroxyalkyl, amino, acylamino, arylamino, aminoalkyl, aryloxy, alkoxycarbonyl, alkylamino, alkoxyalkyl, alkylthio, thioalkyl groups, carboxylic acid or its derivatives, or sulfonic acid or its derivatives.

It is preferred that the substituents on R' R 6 represent halogen atom such as fluorine, chlorine, bromine; alkyl group such as methyl, ethyl. iso-propyl, n-propyl, nbutyl; cycloalkyl group such as cyclopropyl; aryl group such as phenyl; aralkyl group such as benzyl; (C 1

-C

3 )alkoxy, benzyloxy, hydroxy group, acyl or acyloxy groups.

Suitable R 5 and R 6 when attached to nitrogen atom is selected from hydrogen, hydroxy, formyl; substituted or unsubstituted (Ci-C 1 2 )alkyl group, especially, linear or branched (Ci-Cs)alkyl group, such as methyl, ethyl, n-propyl, isopropyl, n-butyl, isobutyl, t-butyl, n-pentyl, isopentyl, hexyl and the like; cyclo(C 3 -Cs)alkyl group such as cyclopropyl, cyclobutyl, cyclopentyl, cyclohexyl and the like, the cycloalkyl group may be substituted; cyclo(C 3

-C

6 )alkyloxy group such as cyclopropyloxy, cyclobutyloxy, cyclopentyloxy, cyclohexyloxy and the like, the cycloalkoxy group may be substituted; aryl group such as phenyl, naphthyl and the like, the aryl group may be substituted; aralkyl such as benzyl or phenethyl, C 6 HsCH 2

CH

2

CH

2 naphthylmethyl and the like, the aralkyl group may be substituted and the substituted aralkyl is a group such as

CH

3

C

6

H

4

CH

2 Hal-C 6

H

4

CH

2

CH

3 0C 6

H

4

CH

2

CH

3

OC

6

H

4

CH

2

CH

2 and the like; heteroaryl group such as pyridyl, thienyl, furyl, pyrrolyl, oxazolyl, thiazolyl, imidazolyl, oxadiazolyl, tetrazolyl, benzo-pyranyl, benzofuranyl and the like, the heteroaryl group may be substituted; heterocyclyl groups such as aziridinyl, pyrrolidinyl, morpholinyl, piperidinyl, piperazinyl and the like, the heterocyclyl group may be substituted; aralkoxy -12- N group such as benzyloxy, phenethyloxy, naphthylmethyloxy, phenylpropyloxy and the like, the aralkoxy group may be substituted; heteroaralkyl group such as furanmethyl, pyridinemethyl, oxazolemethyl, oxazolethyl and the like, the heteroaralkyl group may be CN substituted; aralkylamino group such as C 6 HsCH 2 NH, C 6

HCH

2

CH

2 NH, C 6

HSCH

2

NCH

3 and the like, which may be substituted; alkoxycarbonyl such as methoxycarbonyl, Cethoxycarbonyl and the like, which may be substituted; aryloxycarbonyl group such as optionally substituted phenoxycarbonyl, naphthyloxycarbonyl and the like; aralkoxycarbonyl group such as benzyloxycarbonyl, phenethyloxycarbonyl, naphthylmethoxycarbonyl and the like, which may be substituted; (CI-C 6 )alkylamino group such as NHCH 3

N(CH

3 2

NCH

3

(C

2

NHC

2 Hs, NHC 3

H

7

NHC

6

H

13 and the like, which may be substituted; alkoxyalkyl group such as methoxy-hethyl, ethoxymethyl, methoxyethyl, ethoxyethyl and the like, which may be substituted; aryloxyalkyl group such as

C

6 HsOCH 2

C

6

H

5

OCH

2

CH

2 naphthyloxymethyl and the like, which may be substituted; aralkoxyalkyl group such as C 6 HsCH 2 0CH 2

C

6

H

5

CH

2 0CH 2

CH

2 and the like, which may be substituted; heteroaryloxy and heteroaralkoxy, wherein heteroaryl moiety is as defined earlier and may be substituted; aryloxy group such as phenoxy, naphthyloxy and the like, the aryloxy group may be substituted; arylamino group such as HNCHs, NCH 3

(C

6 Hs),

NHC

6 H4CH 3

NHC

6 H4-Hal and the like, which may be substituted; amino group which may be substituted; amino(C 1

-C

6 )alkyl which may be substituted; hydroxy(C1-Cs)alkyl which may be substituted; (Ct-C)alkoxy such as methoxy. ethoxy, propyloxy, butyloxy, iso-propyloxy and the like, which may be substituted; thio(C 1

-C

6 )alkyl which may be substituted; (C-C)alkylthio which may be substituted; acyl group such as acetyl, propionyl, benzoyl and the like, the acyl group may be substituted; acylamino groups such as NHCOCH 3

NHCOC

2 H, NHCOC 3

H

7

NHCOC

6

H

5 and the like, which may be substituted; carboxylic acid derivatives such as amides, like CONH 2 CONHMe, CONMe 2 CONHEt, CONEt 2 CONHPh and the like, the carboxylic acid derivatives may be substituted; acyloxy group such as OOCMe, OOCEt, OOCPh and the like, which may be substituted; sulfonic acid derivatives such as SO 2

NH

2

SO

2 NHMe, SO 2 NMe 2

SO

2

NHCF

3 and the like, the sulfonic acid derivatives may be substituted.

When the groups represented by iR 5 and R 6 attached to nitrogen are substituted, preferred substituents may be selected from halogen such as fluorine, chlorine; hydroxy, acyl, acyloxy, or amino groups.

S-13- Suitable X includes oxygen, sulfur or a group NR' as defined above, preferably oxygen and sulfur. Suitably R" represent hydrogen, (Ci-C 6 )alkyl, (C 3

-C

6 )cycloalkyl, aryl group such as phenyl or naphthyl, aralkyl group such as benzyl or phenethyl; acyl group 1 such as acetyl, propanoyl, butyroyl, benzoyl and the like; (Ci-C 6 )alkoxycarbonyl; aryloxycarbonyl such as phenoxycarbonyl, CH 3 0C6H 4 0CO, Hal-C 6

H

4 0CO, l CH 3

C

6

H

4 0CO, naphthyloxycarbonyl and the like; aralkoxycarbonyl such as benzyl- 00 Soxycarbonyl, phenethyloxycarbonyl and the like; the groups represented by may be cl substituted or unsubstituted. When the groups represented by R

I

1 are substituted, the D0 substituents may be selected from halogen, optionally halogenated lower alkyl, hydroxy, 0 10 and optionally halogenated (Ci-C 3 )alkoxy groups.

It is preferred that the group represented by Ar be substituted or unsubstituted groups selected from divalent phenylene, naphthylene, pyridyl, quinolinyl. benzofuranyl, dihydrobenzofuryl, benzopyranyl, dihydrobenzo-pyranyl, indolyl, indolinyl, azaindolyl, azaindolinyl, pyrazolyl, benzothiazolyl, benzoxazolyl and the like. The substituents on the group represented by Ar may be selected from linear or branched optionally halogenated (Ci-C 6 )alkyl, optionally halogenated (Ci-C 3 )alkoxy, halogen, acyl, amino, acylamino, thio or carboxylic or sulfonic acids and their derivatives.

It is more preferred that Ar represents a substituted or unsubstituted divalent, phenylene, naphthylene, benzofuranyl, indolyl, indolinyl, quinolinyl, azaindolyl, azaindolinyl, benzothiazolyl or benzoxazolyl groups.

It is still more preferred that Ar is represented by divalent phenylene or benzofuranyl, which may be optionally substituted by methyl, halomethyl. methoxy or halomethoxy groups.

Suitable R 7 includes hydrogen, lower alkyl groups such as methyl, ethyl or propyl; hydroxy, (Ci-C 3 )alkoxy; halogen atom such as fluorine, chlorine, bromine, iodine; aralkyl such as benzyl, phenethyl, which may be optionally substituted or R 7 together with R 8 represents a bond.

Suitable R 8 may be hydrogen, lower alkyl groups such as methyl, ethyl or propyl; hydroxy, (Ci-C 3 )alkoxy; halogen atom such as fluorine, chlorine, bromine, iodine; acyl group such as linear or branched (C 2 -Clo)acyl group such as acetyl, propanoyl, butanoyl, pentanoyl, benzoyl and the like; aralkyl such as benzyl, phenethyl, which may be optionally substituted or together with R 7 forms a bond.

0 -14- N Suitable groups represented by R 9 may be selected from hydrogen, linear or branched (C 1

-C

1 )alkyl, preferably (C 1

-C

12 )alkyl group such as methyl, ethyl, n-propyl, iso-propyl, n-butyl, iso-butyl, pentyl, hexyl, octyl and the like; (C 3

-C

7 )cycloalkyl group N such as cyclopropyl, cyclobutyl, cyclopentyl, cyclohexyl, and the like, the cycloalkyl group may be substituted; aryl group such as phenyl, naphthyl, the aryl group may be C substituted; heteroaryl group such as pyridyl, thienyl, furyl and the like, the heteroaryl group may be substituted; heteroaralkyl group such as furanmethyl, pyridinemethyl, oxazol-emethyl, oxazolethyl and the like, the heteroaralkyl group may be substituted; aralkyl group such as benzyl and phenethyl and the like, wherein the alkyl moiety may contain CI-C 6 atoms, wherein the aryl moiety may be substituted; heterocyclyl group such as aziridinyl, pyrrolidinyl, piperidinyl and the like, the heterocyclyl group may be substituted; (C -C 6 )alkoxy(Ci-C 6 )alkyl group such as methoxymethyl, ethoxymethyl, methoxyethyl, ethoxypropyl and the like, the alkoxyalkyl group may be substituted; linear or branched (C 2 -Cl 6 )acyl group such as acetyl, propanoyl, butanoyl. benzoyl, octanoyl, decanoyl and the like, which may be substituted; (C-C 6 )alkoxycarbonyl, the alkyl group may be substituted; aryloxycarbonyl such as phenoxycarbonyl, naphthyloxycarbonyl and the like, the aryl group may be substituted; (C-C)alkylamino-carbonyl, the alkyl group may be substituted; arylaminocarbonyl such as PhNHCO, naphthylaminocarbonyl and the like, the aryl moiety may be substituted. The substituents may be selected from halogen, hydroxy, or nitro or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, cyclo-alkoxy, aryl, aralkyl. aralkoxyalkyl, heterocyclyl, heteroaryl, heteroaralkyl, acyl, acyloxy, hydroxyalkyl, amino, acylarnino. arylamino, aminoalkyl, aryl-oxy, alkoxycarbonyl, alkylamino, alkoxyalkyl, alkylthio, thioalkyl groups, carboxvlic acid or its derivatives, or sulfonic acid or its derivatives.

Suitable groups represented by R' 0 may be selected from hydrogen, linear or branched (C,-CI 6 )alkyl, preferably (C 1

-C

12 )alkyl group such as methyl, ethyl, n-propyl, iso-propyl, n-butyl, iso-butyl, pentyl, hexyl, octyl and the like; (C 3

-C

7 )cycloalkyl such as cyclopropyl, cyclopentyl, cyclohexyl and the like, the cycloalkyl group may be substituted; aryl group such as phenyl, naphthyl and the like, the aryl group may be* substituted; heteroaryl group such as pyridyl, thienyl, furyl and the like, the heteroaryl group may be substituted; heteroaralkyl group such as furanmethyl, pyridinemethyl, oxazolemethyl, oxazolethyl and the like, the heteroaralkyl group may be substituted; N aralkyl group such as benzyl and phenethyl and the like, the aralkyl group may be a substituted; and heterocyclyl group such as aziridinyl, pyrrolidinyl, piperidinyl and the like, the heterocyclyl group may be substituted. The substituents on R10 may be selected N from the same group of R'-R 6 Suitable groups represented by R' 2 may be selected from.hydrogen, linear or oO branched (C,-C 1 s)alkyl, preferably (C 1 -Cl 2 )alkyl; hydroxy

(CI-C

6 )alkyl; aryl group such as phenyl, naphthyl and the like; aralkyl group such as N benzyl, phenethyl and the like; heterocyclyl group such as aziridinyl, pyrrolidinyl, piperidinyl, and the like; heteroaryl group such as pyridyl, thienyl, furyl and the like; and heteroaralkyl group such as furanmethyl, pyridinemethyl, oxazolemethyl, oxazolethyl and the like.

Suitable ring structures formed by R'O and R' 2 together may be selected from pyrrolidinyl, piperidinyl, morpholinyl, piperazinyl and the like.

Suitable m is an integer ranging from 0-1. It is preferred that when m 0, Ar represents a divalent benzofuranyl, benzoxazolyl. benzothiazolyl, indolyl. indolinyl, dihydrobenzofuryl, or dihydrobenzopyranyl group and when m 1, Ar represents a be substituted or unsubstituted groups selected from divalent phenylene, naphthylene, pyridyl, quinolinyl, benzofuranyl, dihydrobenzofuryl, benzopyranyl, dihydrobenzopyranyl, indolyl, indolinyl, azaindolyl, azaindolinyl, pyrazolyl, benzothiazolyl, benzoxazolyl and the like.

Suitable n is an integer ranging from I to 4, preferably n represents an integer 1 or 2.

It is preferred that when m 1, n represents 2.

It is also preferred that when m 0, n represents 1.

Pharmaceutically acceptable salts forming part of this invention include salts of the carboxylic acid moiety such as alkali metal salts like Li, Na, and K salts, alkaline earth metal salts like Ca and Mg salts, salts of organic bases such as lysine, arginine, guanidine, diethanolamine, choline and the like, ammonium or substituted ammonium salts, and aluminum salts. Salts may include acid addition salts where appropriate which are, sulphates, nitrates, phosphates, perchlorates, borates, hydrohalides, acetates, tartrates, maleates, citrates, succinates, palmoates, methanesulphonates, benzoates, salicylates, hydroxynaphthoates, benzenesulfonates, ascorbates, glycerophosphates, ketoglutarates -16- (71 and the like. Pharmaceutically acceptable solvates may be hydrates or comprising other solvents of crystallization such as alcohols.

Particularly useful compounds according to the present invention include: (71 Ethyl (EIZ)-3-[4 -[2-(2,3-dihydro-1 ,4-benzoxazin-4-yl)ethoxy]phenvl]-2ethoxypropenoate; Methyl 3-[4-[2-(2,3-dihydro-1I,4-benzoxazin-4-yl)ethoxylphenyl] -2-ethoxypropanoate; ()Methyl 3-[4-[2-(2,3-dihydro- I ,4-benzoxazin-4-yt)ethoxy]phenyl] IND -2-ethoxypropanoate; ()Methyl 3-[4-[2-(2,3-dihydro- 1,4-benzoxazin-4-yl)ethoxy]phenyl] -2-ethoxypropanoate; Ethyl (E/Z)-3-[2-(2,3-dihydro-1I,4-benzoxazin-4-y -2-ethoxypropenoate; Ethyl -dihydro- 1,4-benzothiazin-4-yI)ethoxy]phenyl] -2-ethoxypropenoate; Methyl 3-[2-(2,3-dihydro- 1,4-benzoxazin-4yl)nethylbenzofuran-5-yl]-2ethoxypropanoate; +)Methyl 3-[2-(2,3-dihydro- 1,4-benzoxazin-4-yl)methylbenzofuran-5-yl]-2ethoxypropanoate; Methyl 3-[2-(2,3-dihydro- 1,4-benzoxazin-4-yl)methylbenzofuran-5-yl]-2ethoxypropanoate; ()Methyl-3 -[4-[2-(2,3-dihydo- 1 .4-benzothiazin-4-yl)ethoxy]phenyl] -2-ethoxypropanoate; ()Methyl-3- -dihydro-1I,4-benzothiazin-4-yl)ethoxyjphenyl] -2-ethoxypropanoate; Methyl-3-[4-[2-(2,3-dihydro-1I,4-benzothiazin-4-yl)ethoxy]phenylI -2-ethoxypropanoate; (~Methyl 2-methyl-3-[4-[2-(2,3-dihydro- 1,4-benzoxazin-4-yl)ethoxylphenyl]-2ethoxypropanoate; ()Methyl 2-methyl-3-[4-[2-(2,3-dihydro-1I,4-benzoxazin-4-yl)ethoxy]phenyl] -2-ethoxypropanoate; ()Methyl 2-methyl-3-[4- ,3-dihydro-1I,4-benzoxazin-4-yI)ethoxylphenyl] -17- N1 -2-ethoxypropanoate; ()Methyl 2-(2-fluorobenzyl)-3-[4-[2-(2,3 -dihydro- 1,4-benzoxazin-4-yl)ethoxy] phenyl]-2-ethoxypropanoate; (71 Methyl 2-(2-fluorobenzyl)-3 [2-(2,3-dihydro-1I,4-benzoxazin-4-yl)ethoxy) phenyl]-2-ethoxypropanoate; OC) Methyl 2 -(2-fluorobenzyl)-3 -[4-[2-(2,3-dihydro-1I,4-benzoxazin-4-yl)ethoxy] phenyl]-;-ethoxypropanoate; Ethyl ,4-benzoxazin-4-yl)ethoxy]phenyl]- IND 2-ethoxypropenoate; ()Methyl 3-[4-[2-(3-oxo-2H-1 ,4-benzoxazin-4-yI)etlioxy]phenyl]-2- ethoxypropanoate; ()Methyl 3-[4-[2-(3-oxo-2H- 1,4-benzoxazin-4-yI)ethoxy]phenyl]-2-ethoxypropanoate; ()Methyl 3-[4-[2-(3-oxo-2H- 1,4-benzoxazin-4-yl)ethoxy]phenyl]-2-ethoxypropanoate; Ethyl (E/Z)-3-[6-[2-(2,3-dihydro-1I,4-benzothiazin-4-yI)ethoxy]naphthyl]-2ethoxypropenoate; ()Methyl. 3-[6-[2-(2,3-dihydro- 1,4-benzothiazin-4-yl)ethoxy]naphthyl]-2ethoxypropanoate;' Methyl 3- [6-[2-(2,3-dihydro-1 ,4-benzothiazin-4-yI)ethoxy]naphthyll-2ethoxypropanoate; ()Methyl 3-[6-[2-(2,3-dihydro- 1,4-benzothiazin-4-yI)ethoxy]naphthyl]-2ethoxypropanoate; Ethyl 3-[4-[2-(2,3-dihydro-1I,4-benzoxazin-4-yI)ethoxy]phenyl]- 2-hydroxypropanoate; Ethyl -dihydro- 1,4-benzothiazin-4-yI)ethoxy]phenyl]-2-hydroxypropanoate; Ethyl 3-[4-[2-(2,3-dihydro- 1,4-benzoxazin-4-yl)ethoxy]phenyl)-2- benzyloxy-propanoate; Ethyl 3-[4-[2-(2,3-dihydro-1I,4-benzoxazin-4-yl)ethoxy]phenyl]-2-butoxypropanoate; Ethyl 3-[4-[2-(2,3-dihydro- 1,4-benzoxazin-4-yl)ethoxy]phenyl]-2-hexyloxy propanoate; Ethyl -dihydro-1I,4-benzoxazin-4-yI)ethoxylphenyl] -2-phenoxypropenoate; ()Methyl 3 -[4-[2-(2,3-dihydro-1I,4-benzoxazin-4-yI)ethoxy]phenyl]-2- phenoxypropanoate; -18- (71 (+)Methyl 3-[4-[2-(2,3-dihydro-1I,4-benzoxazin-4-yI)ethoxy]phenyl]-2-phenoxypropanoate; ()Methyl .dihydro-1 ,4-benzoxazin-4-yl)ethoxy]phenyl]-2-phenoxy- (71 propanoate; Ethyl (E/Z)-3-[4-[2-(2,3-dihydro-1 ,4-benzothiazin-4-yl)ethoxy]phenyl]-2-phenoxy- 00 propenoate; ()Methyl -dihydro- 1,4-benzothiazin-4-yl)ethoxy]phenyl]-2-phenoxypropanoate; IND Methyl 3-[4-[2-(2,3-dihydro-1I,4-benzothiazin-4-yl)ethoxy]phenyl]-2-phenoxypropanoate; ()Methyl 3-[4-[2-(2,3.dihydro-1 ,4-benzothiazin-4-yl)ethoxylphenyl]-2-phenoxypropanoate; Ethyl [4-(4-methyl-3 ,4-dihydro-2H-1I,4-benzoxazin-2-yl)methoxyphenyl]- 2-ethoxypropenoate; Methyl 3-[4-(4-methyl-3,4-dihydro-2H-1I,4-benzoxazin-2-yl)methoxyphenyl]- 2-ethoxypropanoate; Methyl 3-[4-(4-methyl-3,4-dihydro-2H-1I,4-benzoxazin-2-yl)methoxyphenyl]- 2-ethoxypropanoate; Methyl 3'-[4-(4-methyl-3 ,4-dihydro-2H-1I,4-benzoxazin-2-yl)methoxyphenyl]-2ethoxypropanoate; Ethyl (FIZ)-3-[4-(4-benzyl-3,4-dihydro-2H-l ,4-benzoxazin-2-yI)methoxyphenylj-2ethoxypropenoate; ()Methyl 3-[4-(4-benzyl-3,4-dihydro-2H-1I,4-benzoxazin-2-yl)methoxyphenyl]-2ethoxypropanoate; Methyl 3)-[4-(4-benzyl-3,4-dihydro-2H-1I,4-benzoxazin-2-yl)rnethoxyphenyl]-2ethoxypropanoate; ()Methyl 3 -[4-(4-benzyl-3,4-dihydro-2H-- 1 ,4-benzoxazin-2-yl)methoxyphenyl]-2ethoxypropanoate; 3-[4-[2-(2,3-Dihydro-1 ,4-benzoxazin-4-yl)ethoxy]phenyl]-2-ethoxypropanoic acid and its salts;.

-Dihydro- 1 ,4-benzoxazin-4-yl)ethoxy]phenyl]-2-ethoxypropanoic acid and its salts; -19- (3-[4-[2-(2,3-Dihydro-1 ,4-benzoxazin-4-yl)ethoxy]phenyl]-2-ethoxy-propanoic acid and its salts; 3-[2-(2,3-Dihydro-1 ,4-benzoxazin-4-yl)methylbenzofuran-5-yl]-2-ethoxypropanoic ri acid and its salts; 3-[2-(2,3-Dihydro-1I,4-benzoxazin-4-yl)methylbenzofuran-5-yl]-2-ethoxypropanoic OC) acid and its salts; (3-[2-(2,3-Dihydro- 1,4-benzoxazin-4-.yl)methylbenzofuran-5-yl]-2-ethoxypropanoic acid and its salts; No U+ 3 -[2-(2,3-Dihydro-1I,4-benzothiazin-4-yl)methylbenzofiuran-5 -yl]-2-ethoxy-propanoic acid and its salts; 3-[2-(2,3-Dihydro-1I,4-benzothiazin-4-yl)methylbenzofuran-5-yl]-2-ethoxy-propanoic acid and its salts; -Dihydro-1I,4-benzothiazin-4-yI)methylbenzofuran-5-yl]-2-ethoxy-propanoic acid and its salts; 3-[4-[2-(2,3-Dihydro-1I,4-benzothiazin-4-yI)ethoxy~phenyl]-2-ethoxypropanoic acid and its salts; +)3-[4-[2-(2,3-Dihydro-1I,4-benzothiazin-4-yI)ethoxy]phenyl]-2-ethoxypropanoic acid and its salts; 3- [4-[2-(2,3-Dihydro-1I,4-benzothiazin-4-yI)ethoxy]phenyl]-2-ethoxypropanoic acid and its salts; 34[4- [2-(2,3-Dihydro- 1,4-benzothiazin-4-yI)ethoxy]phenyl]-2-ethoxypropanamide; -Dihydro- 1 ,4enzothiazin-4-yl)ethoxylphenyl]-2-ethoxypropanamide; (3-[4-[2-(2,3-Dihydro- 1,4-benzothiazin-4-yl)ethoxy]phenyl]-2-ethoxypropanamide; ()N-Methyl-3-[4-[2-(2,3-dihydro-1I,4-benzothiazin-4-yI)ethoxy]phenyll-2-ethoxypropanainide; N-Methyl-3-[4-[2-(2,3-dihydro- 1 ,4-benzothiazin-4-yl)ethoxyjphenyl]-2-ethoxypropanamide; ()N-Methyl-3-[4-[2-(2,3-dihydro- I ,4-benzothiazin-4-yl)ethoxy]phenyl]-2-ethoxypropanamide; 3-[4-[2-(2,3-Dihydro-1I,4-benzoxazin-4-yI)ethoxyjphenyl]-2-ethoxypropanamide; [2-(2,3-Dihydro- 1,4-benzoxazin-4-yl)ethoxylphenyl]-2-ethoxypropanamide; 3-[4-[2-(2,3-Dihydro-1I,4-benzoxazin-4-yl)ethoxy]phenyl]-2-ethoxypropanamide; ri N-Methyl-3-(4- [2-(2,3-dihydro- 1,4-benzoxazin-4-yl)ethoxy]phenyl]-2-ethoxypropanamide; (I)N-Methyl-3-[4-[2-(2,3-dihydro- 1,4-benzoxazin-4-yI)ethoxy]phenyl]-2-ethoxyri propanamide; N-Methyl-3 [2-(2,3-dihydro-1I,4-benzoxazin-4-yl)ethoxylphenyl]-2-ethoxy- 00 propanamide; ()N-Benzyl-3'-[4-[2-(2,3-dihydro-1I,4-benzoxazin-4-yI)ethoxylphenyll*-2-eth .oxypropanarnide; IND N-Benzyl-3 -[4-[2-(2,3-dihydro-1I,4-benzoxazin-4-yl)ethoxy]phenyl]-2-ethoxypropanamide; ()N-Benzyl-3-[4-[2-(2,3-dihydro-I ,4-benzoxazin-4-yI)ethoxy]phenyl]-2-ethioxypropanamide; N-Benzyl-3-[4-[2-(2,3-dihydro-1I,4-benzothiazin-4-yl)ethoxy]phenyl]-2-ethoxypropanamnide; ()N-Benzyl-3-[4-[2-(2,3-dibydro-1I,4-benzothiazin-4-yl)ethoxylphenyl]-2-ethoxypropanamide; ()N-Benzyl-3-[4-[2-,(2,3-dihydro- 1,4-benzothiazin-4-yl)ethoxyllphenyll-2-ethoxypropananiide; 2-Methyl-3-[4-[2-(2,3-dihydro-1I,4-benzoxazin-4-yl)ethoxy~phenyljl-2-ethoxy%.-propanoic acid and its salts; 2-(2-Fluorobenzyl)-3-[4-[2-(2,3-dihydro-1I,4-benzoxazin-4-yl)ethoxy]phenyl] -2ethoxypropanoic acid and its salts; [4-[2-(3-Oxo-2H- 1,4-benzoxazin-4-yI)ethoxylphenyll-2-ethoxypropanoic acid and its salts; 1,4-benzoxazin-4-yI)ethoxy]phenyl]-2-ethoxypropanoic acid and its salts; (3-[4-[2-(3-Oxo-2H-1I,4-benzoxazin-4-yl)ethoxy]phenyl]-2-ethoxypropanoic acid and its salts; -Oxo-2H-1I,4-benzothiazin-4-yl)ethoxy]phenyl]-2-ethoxypropanoic acid and its salts; -Oxo-2H-.1,4-benzothiazin-4-yl)ethoxy]phenyl]-2-ethoxypropanoic acid and its salts; -21- [4-[2-(3-Oxo-2H-1 ,4-bcnzothiazin-4-yl)ethoxy]phenyll-2-ethoxypropanoic acid and its salts; ()3-[6-[2-(2,3-Dihydro- 1,4-benzoxazin-4-yl)ethoxy]naphthyllj-2-ethoxypropanoic c-I acid and its salts; ()3-[6-[2-(2,3-Dihydro-1 ,4-benzoxazin-4-yl)ethioxy]naphthyl]-2-ethoxy'propanoic- 0C) acid and its salts; ()3-[6-[2-(2,3-Dihydro-1I,4-benzoxazin-4-yI)ethoxy]naphthylll-2-ethoxypropanoic acid and its salts; [6-[2-(2,3-Dihydro-1 ,4-benzothiazin-4-yl)ethoxylnaphthyl]-2-ethioxypropanoic ci 10 acid and its salts; -Dihydro- 1,4-benzothiazin-4-yI)ethoxylnaphthiyl]-2-cthioxypropanoic acid and its salts; 3-[6-[2-(2,3-Dihydro-1I,4-benzothiazin-4-yI)ethoxy]naphthiyl]-2-ethoxypropanoic acid and its salts;.

3-[4-[2-(2,3-Dihydro- 1,4-benzoxazin-4-yI)ethoxy]phenyl-2-hydroxypropanoic acid and its salts; ()3-[4-[2-(2,3-Dihydro-I ,4-benzoxazin-4-yl)ethoxylphenyl]-2-hydroxypropanoic acid and its salts; [4-[2-(2,3-Dihydro- 1,4-benzoxazin-4-yl)ethoxy]phenyll-2-hydroxypropanoic acid and its salts; 3 -[4-[2-(2,3-Dihydro-1 ,4-benzothiazin-4-yl)ethoxy]phenyI]-2-hydroxypropanoic .acid and its salts; 3- [4-12-(2,3)-Dihydro- 1,4-benzothiazin-4-yI)ethoxy]phenyl]-2-hyvdroxypropanoic acid and its salts; 3-[4-[2-(2,3-Dihydro- 1,4-benzothiazin-4-yl)ethoxy]phenyl]-2-hydroxypropanoic acid and its salts; -Dihydro- 1,4-benzoxazin-4-yl)ethoxy~~phenyl]-2-benzyloxypropanoic acid and its salts;, [2-(2,3-Diihydro- 1,4-benzoxazin-4-yl)ethoxy~phenyl]-2-benzyloxypropanoic acid and its salts; (3-[4-[2-(2,3-Dihydro- 1,4-benzoxazin-4-yl)ethoxy]phenyl]-2-benzyloxypr opanoic acid and its salts; -22- (71 (±)3-[4-[2-(2,3-Dihydro-1 ,4-benzoxazin-4-yl)ethoxy]phenyl]'-2-butoxypropanoic acid and its salts; ()3-[4..[2-(2,3-Dihydro-1 ,4-benzoxazin-4- yl)ethoxy]phenyl]-2-butoxvpropanoic (71 acid and its salts; ()3-[4-[2-(2,3-Dihydro. I ,4-benzoxazin-4-yl)ethoxy]phenyl]-2-butoxypropanoic 00 acid and its salts; (i)3-[4-[2-(2,3-Dihydro-1I,4-benzoxazin-4-yl)ethoxy]phenyl]-2-hexyloxyprapanoic acid and its salts; IND 3-[4-[2-(2,3-Dihydro-1 ,4-benzoxazin-4-yl)ethoxy]phenyl]-2-hexyloxypropanoic acid and its salts; -Dihydro-1 ,4-benzoxazin-4-yl)ethioxy]phenyl]-2-hexyloxypropanoic acid and its salts; ()3-[4-[2-(2,3-Dihydro* I ,4-benzoxazin-4-yl)ethoxy]phenyl]-2-phenoxypropanoic acid and its salts; ()3-[4-[2-(2,3-Dihydro-1I,4-benzoxazin-4-yl)ethoxy]phenyl]-2-phenoxypropanoic acid and its salts; 3-(4-[2-(2,3-Dihydro-1I,4-benzoxazin-4-yl)ethoxylphenyl]-2-phenoxypropanoic acid and its salts; -[4-[2-(2,3-Dihydro-l ,4-benzothiazin-4-yI)ethoxyljphenyl]-2-phenoxypropanoic acid and its salts; +)3-[4-[2-.(2,3-Dihydro-1I,4-benzothiazin-4-yl)ethoxy]phenyl]-2-phenoxypropanoic acid and its salts; (3-[4-[2-(2,3-Dihydro-1I,4-benzothiazin-4-yI)ethoxy]phenyl]-2-phenoxypropanoic acid and its salts; Methyl 2-methyl-3-t4-[2-(2,3-dihydro-I ,4-benzoxazin-4-yl)ethoxy]phenyl]-2phenoxypropanoate; ()Methyl 2-methyl-3-[4-[2-(2,3-dihydro- 1,4-benzoxazin-4-yl)ethoxy]phenyl]-2phenoxypropanoate; ()Methyl 2-methyl-3 -[4-[2-(2,3-dihydro-1I,4-benzoxazin-4-yl)ethoxy]phenyl)-2phenoxypropanoate; ()2-Methyl-3 -dihydro-1I,4-benzoxazin-4-yI)ethoxy]phenyl]-2phenoxypropanoic acid and its salts; -23- ()2-Methyl-3-[4-[2-(2,3-dihydro- 1,4-benzoxazin-4-yl)ethoxy]phenyll-2phenoxypropanoic acid and its salts;, ()2-Methyl-3-[4-[2-(2,3-dihydro- 1,4-benzoxazin-4-yl)ethoxy]phenyl]-2phenoxypropanoic acid and its salts; ()Methyl 2-methyl-3-[4-[2-(2,3 -dihydro- 1,4-benzothiazin-4-yl)ethoxylphenyl]-2- 00 phenoxypropanoate; ()Methyl 2-methyl-3-[4-[2-(2,3-dihydro- 1,4-benzothiazin-4-yl)ethoxy]phenyl]-2phenoxypropanoate; IND) M ethyl 2-methyl-3- [4-[2-(2,3-dihydro-1I,4-benzothiazin-4-yl)ethoxy]phenyl].2phenoxypropanoate; ()2-Methyl-3-[4-[2-(2,3-dihydro- 1,4-benzothiazin-4-yl)ethoxy]phenyl]-2-phenoxy propanoic acid and its salts; 2-Methyl-3-[4- [2-(2,3-dihydro- 1,4-benzothiazin-4-yl)ethoxy]phenyl]-2-phenoxy propanoic acid and its salts; ()2-Methyl-3-[4-[2-(2,3-dihydro-1I,4-benzothiazin-4-yI)ethoxylphenyl]-2-phenoxy propanoic acid and its salts; ()4-Nitrophenyl 3-[4-[2-(2,3-dihydro- I ,4-benzothiazin-4-yI)etlhoxy]phenyl] -2-ethoxy propanoate; ()4-Nitrophenyl 3-[4-[2-(2,3-dihydro-1, 4-benzothiazi n-4-yI)ethoxylphenyl] -2-ethoxy propanoate; 4-Nitrophenyl 3-[4-[2-(2,3-dihydro- I ,4-benzothiazin-4-yl)ethoxylphenyl] -2-ethoxy propanoate; ()3-[4-(4-Benzyl-3,4-dihydro-2H- 1,4-benzoxazin-2-yI)methoxyphenyll -2-ethoxypropanoic acid and its salts; ()3-[4-(4-Benzyl-3,4-dihydro-2H-1 ,4-benzoxazin-2-yl)methoxyphenyl]-2ethoxypropanoic acid and its salts; 3-[4-(4-Benzyl-3 ,4-dihydro-2H-1I,4-benzoxazin-2-yl)methoxyphenyl]-2ethoxypropanoic acid and its salts; 4-Nitrophenyl-3- [4-(4-benzyl-3 ,4-dihydro-2H- I ,4-benzoxazin-2-yl) methoxy phenyl]-2-ethoxypropanoate; 4-Nitrophenyl-3 -[4-(4-benzyl-3,4-dihydro-2H- 1,4-benzoxazin-2-yl) methoxy phenyl]-2-ethoxypropanoate; and -24- (4-Nitrophenyl-3-[4-(4-benzyl-3 ,4-dihydro-2H-1 ,4-benzoxazin-2-yl)methoxy phenyl]-2-ethoxypropanoate.

According to a feature of the present invention, the compound of general formula where R 7 and R 8 together represent a bond, Y represents oxygen atom, R 2

R

4

R

5

R'

0 X, n, mn and Ar are as defined earlier, can be prepared by any of the 00 following routes shown in Scheme 1.

R1 R 1 INDRR X Fe ;Ro)N1COOR' R 1- (lila) (1lub) OR' (ilk0 OR* (lIId) I4 I' Route ~ie2/ R_1 R' R.yJ 1 K iR Nlii R'O Route 3 0 OR1 0 RoJ 0 R o ut 06R HO-Ar' I Re 11 OR'* C :O R

RR

R't N\R'O Fe HO-Are ORW R'i- O R (III)) Scheme -I Route M:V The reaction of a compound of the general formula (lIla) where all symbols are as defined earlier with a compound of formula (Mlb) where R1 0 are as defined earlier and k(14 represents (CI-C 6 )alkyl, to yield compound of general formula (I) where R 7 R(8 together represent a bond and Y represents an oxygen atom may be carried out neat in the presence of a base such as alkali metal hydrides like NaH, or KH- or organolithiums like CH 3 Li, BuLi and the like Or alkoxides such as NaOMe, NaOEt, KBuO- or mixtures thereof. The reaction may be carried out in the presence of solvents such as THF, dioxane, DMF, DMSO, DME and the like or mixtures thereof. HMPA. may c be used as cosolvent. The reaction temperature may range from -78 OC to 50 OC, d preferably at a temperature in the range of -10 C to 30 OC. The reaction is more effective under anhydrous conditions. The compound of general formula (IIIb) may be prepared

C

according to the procedure described in the literature (Annalen. Chemie, (1996) 53, 699).

Route The reaction of a compound of general formula (IIIc) where all 00 symbols are as defined earlier with a compound of general formula (IIId) where R 7

R

8 Stogether represent a bond and all symbols are as defined earlier and L' is a leaving group 0C such as halogen atom, p-toluenesulfonate, methanesulfonate, trifluoromethane-sulfonate

LO

0and the like, preferably a halogen atom to produce a compound of general formula (1) C 10 defined above may be carried out in the presence of solvents such as DMSO, DMF, DME, THF, dioxane, ether and the like or a combination thereof. The reaction may be carried out in an inert atmosphere which may be maintained by using inert gases such as N2,. Ar, or He. The reaction may be effected in the presence of a base such as alkalis like sodium hydroxide, or potassium hydroxide; alkali metal carbonates like sodium carbonate, or potassium carbonate; alkali metal hydrides such as sodium hydride or potassium hydride; organometallic bases like n-butyl lithium; alkali metal amides like sodamide or mixtures thereof. The amount of base may range from 1 to 5 equivalents, based on the amount of the compound of formula (IIIc). preferably the amount of base ranges from 1 to 3 equivalents. Phase transfer catalysts such as tetraalkylammonium halide or hydroxide may be added. The reaction may be carried out at a temperature in the range of 0 oC to 150 oC, preferably at a temperature in the range of 15 oC to 100 oC.

The duration of the reaction may range from 0.25 to 48 hours, preferably from 0.25 to 12 hours.

Route The reaction of a compound of formula (IIIe) where all symbols are as defined earlier with a compound of formula (Illf) where R 9

R'

1 and are as defined earlier, to produce a compound of the formula where R 7 and R 8 together represent a bond may be carried out neat in the presence of a base such as alkali metal hydrides like NaH, KH or organolithiums like CH 3 Li, BuLi and the like or alkoxides such as NaOMe, NaOEt, K'BuO' and the like or mixtures thereof. The reaction may be carried out in the presence of aprotic solvents such as THF, dioxane, DMF, DMSO, DME and the like or mixtures thereof. HMPA may be used as cosolvent. The reaction temperature may range from -78 OC to 100 preferably at a temperature in the range of-10 "C to 50 OC.

-26- NC Route The reaction of a compound of the general formula (Ilia) where all Sother symbols are as defined earlier, with a compound of formula (IIIg) where R 8 represents hydrogen atom, R 9 and R 1 0 are as defined earlier may be carried out in the C1 presence of a base. The nature of the base is not critical. Any base normally employed for aldol condensation reaction may be employed; bases like metal hydride such as NaH, or 00 KH, metal alkoxides such as NaOMe, K BuO', or NaOEt, metal amides such as LiNH 2 Sor LiN(ipr) 2 may be used. Aprotic solvent such as THF, ether, or dioxane may be used.

i The reaction may be carried out in an inert atmosphere which may be maintained by Susing inert gases such as N2, Ar, or He and the reaction is more effective under N 10 anhydrous conditions. Temperature in the range of-80 °C to 35 °C may be used. The Phydroxy product initially produced may be dehydrated under conventional dehydration conditions such as treating with PTSA in solvents such as benzene or toluene. The nature of solvent and dehydrating agent is not critical. Temperature in the range of 20 °C to reflux temperature of the solvent used may be employed, preferably at reflux temperature of the solvent by continuous removal of water using a Dean Stark water separator.

Route The reaction of compound of formula (IIIh) where all symbols are as defined earlier and L' represents a leaving group such as as halogen atom, ptoluenesulfonate, methanesulfonate, trifluoromethanesulfonate and the like with a compound of formula (IIIi) where R 7 and R 8 together represent a bond and R 9

R

1 0 and Ar are as defined earlier to produce a compound of the formula where m 1 and all other symbols are as defined above may be carried out in the presence of aprotic solvents such as THF, DMF. DMSO, DME and the like or mixtures thereof. The reaction may be carried out in an inert atmosphere which may be maintained by using inert gases such as N2, Ar, or He. The reaction may be effected in the presence of a base such as K2C03, Na2CO3 or NaH or mixtures thereof. Acetone may be used as solvent when Na 2

CO

3 or

K

2

CO

3 is used as a base. The reaction temperature may range from 0 OC 120 oC, preferably at a temperature in the range of 30 oC 100 oC. The duration of the reaction may range from 1 to 24 hours, preferably from 2 to 12 hours. The compound of formula (IIIi) can be prepared according to known procedures by a Wittig Homer reaction between the hydroxy protected aryl aldehyde such as benzyloxyaryl aldehyde and compound of formula (IIIb), followed by deprotection.

0 -27- Q. Route The reaction of compound of general formula (IIIj) where all symbols are as defined earlier with a compound of general formula (Illi) where R 7 and R 8 together 0 represent a bond and R 9

R

10 and Ar are as defined earlier to produce a compound of the formula where m 1 and all other symbols are as defined above may be carried out using suitable coupling agents such as dicyclohexyl urea, triaryl- 00 phosphine/dialkylazadicarboxylate such as PPh 3 DEAD and the like. The reaction may be carried out in the presence of solvents such as THF, DME, CH 2 Ci 2

CHCI

3 toluene,

C

N acetonitrile, carbontetrachloride and the like. The inert atmosphere may be maintained by 8 using inert gases such as N 2 Ar, or He. The reaction may be effected in the presence of S 10 DMAP, HOBT and they may be used in the range of 0.05 to 2 equivalents, preferably 0.25 to 1 equivalents. The reaction temperature may be in the range of 0 C to 100 OC, preferably at a temperature in the range of 20 oC to 80 The duration of the reaction may range from 0.5 to 24 hours, preferably from 6 to 12 hours.

In yet another embodiment of the present invention, the compound of the general formula where R 2

R

3

R

4

R

s

R

6

R

9

R

1 0 X, n, m, R 7 represents hydrogen atom, hydroxy, alkoxy, halogen, lower alkyl, optionally substituted aralkyl group, R 8 represents hydrogen, hydroxy, alkoxy, halogen, lower alkyl group, acyl or optionally substituted aralkyl and Ar are as defined earlier and Y represents oxygen can be prepared by one or more of the processes shown in Scheme II: .at .1 Rl f I t (Uld)R'O Roue 11 (111j) Rl HO R 1 WO (1114

R~

NO R6 ((Itti) (lve) R 4 (lte Scheme II -28- 0

C

Route 7: The reduction of compound of the formula (IVa) which represents a C compound of formula where R 7 and R 8 together represent a bond and Y represents an oxygen atom and all other symbols are as defined earlier, obtained as described earlier C 1 (Scheme-I), to yield a compound of the general formula where R 7 and R 8 each represent a hydrogen atom and all symbols are as defined earlier, may be carried out in O0 the presence of gaseous hydrogen and a catalyst such as Pd/C, Rh/C, Pt/C, and the like.

I) Mixtures of catalysts may be used. The reaction may also be conducted in the presence C of solvents such as dioxane, acetic acid, ethyl acetate and the like. A pressure between Satmospheric pressure and 80 psi may be employed. The catalyst may be preferably 5 C 10 Pd/C and the amount of catalyst used may range from 50 300 w/w. The reaction may also be carried out by employing metal solvent reduction such as magnesium in alcohol or sodium amalgam in alcohol, preferably methanol. The hydrogenation may be carried out in the presence of metal catalysts containing chiral ligands to obtain a compound of formula in optically active form. The metal catalyst may contain rhodium, ruthenium, indium and the like. The chiral ligands may preferably be chiral phosphines such as (2S,3S)-bis(diphenyl-phosphino)butane, 1,2bis(diphenylphosphino)ethane, 1,2-bis(2-methoxyphenyl phenylphosphino)ethane, 2,3-isopropylidene-2,3-dihydroxy-l,4-bis(diphenyl-phosphino) butane and the like. Any suitable chiral catalyst may be employed which would give required optical purity of the product (Ref: Principles of Asymmetric Synthesis, Tet. Org. Chem. Series Vol 14, pp311-316, Ed. Baldwin J. Route 8: The reaction of compound of formula (IVb) where all symbols are as defined earlier and L 2 is a leaving group such as halogen atom with an alcohol of general formula (IVc), where R 9 is as defined earlier to produce a compound of the formula (I) defined earlier may be carried out in the presence of solvents such as THF, DMF, DMSO, DME and the like or mixtures thereof. The reaction may be carried out in an inert atmosphere which may be maintained by using inert gases such as N2, Ar, or He. The reaction may be effected in the presence of a base such as KOH, NaOH, NaOMe, NaOEt, KBuO' or NaH or mixtures thereof. Phase transfer catalysts such as tetraalkylammonium halides or hydroxides may be employed. The reaction temperature may range from 20 OC 120 OC, preferably at a temperature in the range of 30 OC 100 -29- The duration of the reaction may range from 1 to 12 hours, preferably from 2 to 6 hours. The compound of general formula (IVb) and its preparation has been disclosed in the copending U.S. Application No. 08/982,910.

Route 9: The reaction of compound of formula (IIIh) defined earlier with compound of formula (IIi) where all symbols are as defined earlier to produce a compound of the formula where m 1 and all other symbols are as defined above, may be carried out in the presence of solvents such as THF, DMF, DMSO, DME and the like or mixtures thereof. The reaction may be carried out in an inert atmosphere which is maintained by using inert gases such as N2, Ar or He. The reaction may be effected in the presence of a base such as K2C03, Na2CO3, NaH or mixtures thereof. Acetone may be used as a solvent when K2C03 or Na2CO3 is used as a base. The reaction temperature may range from 20 oC 120 oC, preferably at a temperature in the range of 30 oC OC. The duration of the reaction may range from 1 to 24 hours, preferably from 2 to 12 hours. The compound of formula (IIIi) may be prepared by Wittig Homer reaction between the protected hydroxyaryl aldehyde and compound of formula (IIIb) followed by reduction of the double bond and deprotection. Alternatively, the compound of formula (IIIi) may be prepared by following a procedure disclosed in WO 94/01420.

Route 10: The reaction of compound of general formula (IIIj) defined earlier with a compound of general formula (IIIi) where all symbols are as defined earlier to produce a compound of the formula where m 1 and all other symbols are as defined above may be carried out using suitable coupling agents such as dicyclohexyl urea, triarylphosphine/dialkylazadicarboxylate such as PPh 3 DEAD and the like. The reaction may be carried out in the presence of solvents such as THF, DME, CH 2 C12, CHC1 3 toluene, acetonitrile, carbon tetrachloride and the like. The inert atmosphere may be maintained by using inert gases such as N 2 Ar, or He. The reaction may be effected in the presence of DMAP, HOBT and they may be used in the range of 0.05 to 2 equivalents, preferably 0.25 to 1 equivalents. The reaction temperature may be in the range of 0 OC to 100 OC, preferably at a temperature in the range of 20 OC to 80 OC. The duration of the reaction may range from 0.5 to 24 hours, preferably from 6 to 12 hours.

Route 11: The reaction of compound of formula (IVd) which represents a compound of formula where R 9 represents hydrogen atom and all other symbols are as D N1 defined earlier with a compound of formula (IVe) where R 9 is as defined earlier and L 2 is a leaving group such as a halogen atom, may be carried out in the presence of solvents such as THF, DMF, DMSO, DME and the like. The inert atmosphere may be maintained 1 by using inert gases such as N2, Ar or He. The reaction may be effected in the presence of a base such as KOH, NaOH, NaOMe, K+BuO NaH and the like. Phase transfer 00 catalyst such as tetraalkylammonium halides or hydroxides may be employed. The t reaction temperature may range from 20 oC to 150 OC, preferably at a temperature in the range of 30 oC to 100 oC. The duration of the reaction may range from 1 to 24 hours, Spreferably from 2 to 6 hours.

S 10 Route 12: The reaction of a compound of the general formula (IlIa) as defined above with a compound of formula (IIIg) where R 8

R

9 and R'O are as defined earlier may be carried out under conventional conditions. The base is not critical. Any base normally employed for aldol condensation reaction may be employed, metal hydride such as NaH, or KH; metal alkoxides such as NaOMe, K'BuO', or NaOEt; metal amides such as LiNH 2 or LiN(ipr) 2 Aprotic solvent such as THF may be used. Inert atmosphere may be employed such as argon and the reaction is more effective under anhydrous conditions.

Temperature in the range of -80 OC to 25 OC may be used. The 0-hydroxy aldol product may be dehydroxylated using conventional methods, conveniently by ionic hydrogenation technique such as by treating with a trialkyl silane in the presence of an acid such as trifluoroacetic acid. Solvent such as CH 2 C12 may be used. Favorably, the reaction proceeds at 25 A higher temperature may be employed if the reaction is slow.

Route 13: The reaction of a compound of general formula (IIIc) where all symbols are as defined earlier with a compound of general formula (IIId) where L' is a leaving group such as halogen atom, p-toluenesulfonate, methanesulfonate, trifluoromethanesulfonate and the like, preferably L' is a halogen atom, and all other symbols are as defined earlier to produce a compound of general formula may be carried out in the presence of solvents such as DMSO, DMF, DME, THF, dioxane, ether and the like or a combination thereof. The reaction may be carried out in an inert atmosphere which may be maintained by using inert gases such as N2, Ar, or He. The reaction may be effected in the presence of a base such as alkalis like sodium hydroxide, or potassium hydroxide, alkali metal carbonates like sodium carbonate, or potassium carbonate; alkali metal C -31c hydrides such as sodium hydride or potassium hydride; organometallic bases like n-butyl q lithium, alkali metal amides like sodamide or mixtures thereof. The amount of base may range from 1 to 5 equivalents, based on the amount of the compound of formula (IIIc), "1 preferably the amount of base ranges from 1 to 3 equivalents. The reaction may be carried out at a temperature in the range of 0 oC to 150 oC, preferably at a temperature in the 0 0 range of 15 oC to 100 oC. The duration of the reaction may range from 0.25 to 24 hours, n preferably from 0.25 to 12 hours.

N, Route 14: The conversion of compound of formula (IVf) to a compound of O formula may be carried out either in the presence of base or acid and the selection of 1 10 base or acid is not critical. Any base normally used for hydrolysis of nitrile to acid may be employed, such as metal hydroxides such as NaOH, or KOH in an aqueous solvent or any acid normally used for hydrolysis of nitrile to ester may be employed such as dry HCI in an excess of alcohol such as methanol, ethanol, propanol etc. The reaction may be carried out at a temperature in the range of 0 C to reflux temperature of the solvent used, preferably at a temperature in the range of 25 °C to reflux temperature of the solvent used.

The duration of the reaction may range from 0.25 to 48 hrs.

Route 15: The reaction of a compound of formula (IVg) where all symbols are as defined earlier with a compound of formula (IVc) where R 9 is as defined earlier to produce a compound of formula (by a rhodium carbenoid mediated insertion reaction) may be carried out in the presence of rhodium (II) salts such as rhodium (II) acetate. The reaction may be carried out in the presence of solvents such as benzene, toluene, dioxane, ether, THF and the like or a combination thereof or when practicable in the presence of

R

9 OH as solvent at any temperature providing a convenient rate of formation of the required product, generally at an elevated temperature, such as reflux temperature of the solvent. The inert atmosphere may be maintained by using inert gases such as N 2 Ar, or He. The duration of the reaction may range from 0.5 to 24 h, preferably from 0.5 to 6 h.

The compound of general formula where Y represents oxygen and R' 0 is as defined earlier may be converted to compound of formula where Y represents NR 1 2 by reaction with appropriate amines of the formula NHR 'R' 2 where R' 0 and R 1 2 are as defined earlier. Suitably the compound of formula where YR 1 0 represents OH may be converted to acid halide, preferably YR' 1 Cl, by reacting with appropriate reagents such as oxalyl chloride, thionyl chloride and the like, followed by treatment with amines.

-32- N Alternatively, mixed anhydrides may be prepared from compound of formula where )YR'o represents OH and all other symbols are as defined earlier by treating with acid halides such acetyl chloride, acetyl bromide, pivaloyl chloride, dichlorobenzoyl chloride (7 and the like. The reaction may be carried out in the presence of suitable base such as pyridine, triethylamine, diisopropyl ethyl amine and the like. Solvents such as 0halogenated hydrocarbons like CHCl 3 or CH2CI 2 hydrocarbons such as benzene, toluene, xylene and the like may be used. The reaction may be carried out at a temperature in the Nrange of -40 C to 40 TC, preferably at a temperature in the range of 0 TC to 20 oC. The

O

acid halide or mixed anhydride thus prepared may further be treated with appropriate amines.

In another embodiment of the present invention the novel intermediate of formula (IVf)

R

2 6 7 R X R

RR

R3CH 2 CN IVf) -1 GN (If)

R

3 N R 9 0 R4 where the groups R2, R R and the groups R5 and R 6 when attached to a carbon atom, may be same or different and represent hydrogen, halogen, hydroxy, nitro, cyano, formyl or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, cycloalkoxy, aryl, aryloxy, aralkyl, aralkoxy, heterocyclyl, heteroaryl, heteroaralkyl, heteroaryloxy, heteroaralkoxy, acyl, acyloxy, hydroxyalkyl, amino, acylamino, alkylamino, arylamino, aralkylamino, aminoalkyl, alkoxycarbonyl, aryloxycarbonyl, aralkoxycarbonyl, alkoxyalkyl, aryloxyalkyl, aralkoxyalkyl, alkylthio, thioalkyl, alkoxycarbonylamino, aryloxycarbonylamino, aralkoxycarbonylamino, carboxylic acid or its derivatives, or sulfonic acid or its derivatives; R 5 and R 6 when attached to nitrogen atom represents hydrogen, hydroxy, formyl or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, cycloalkoxy, aryl, aralkyl, heterocyclyl, heteroaryl, heteroaralkyl, acyl, acyloxy, hydroxyalkyl, amino, acylamino, alkylamino, arylamino, aralkylamino, aminoalkyl, aryloxy, aralkoxy, heteroaryloxy, heteroaralkoxy, alkoxycarbonyl, aryloxycarbonyl, aralkoxycarbonyl, alkoxyalkyl, aryloxyalkyl, aralkoxyalkyl, alkylthio, thioalkyl groups, carboxylic acid derivatives, or sulfonic acid -33c 1 derivatives; one or both of R s and R 6 may also represent an oxo group when they are attached to carbon atom; X represents a heteroatom selected from oxygen, sulfur or NR"' where R" is selected from hydrogen or optionally substituted groups selected from alkyl.

C

7 cycloalkyl, aryl, aralkyl, acyl, alkoxycarbonyl, aryloxycarbonyl, or aralkoxycarbonyl groups; Ar represents an optionally substituted divalent single or fused aromatic or OO heterocyclic group; R 7 represents hydrogen atom, hydroxy, alkoxy, halogen, lower alkyl, n or optionally substituted aralkyl group; R 8 represents hydrogen, hydroxy, alkoxy, N. halogen, lower alkyl group, acyl, optionally substituted aralkyl group; R 9 represents 0 hydrogen, or optionally substituted groups selected from alkyl, cycloalkyl, aryl, aralkyl, CN 10 alkoxyalkyl, alkoxycarbonyl, aryloxycarbonyl, alkylaminocarbonyl, arylaminocarbonyl, acyl, heterocyclyl, heteroaryl, or heteroaralkyl groups; the linking group represented by (CH2)n-(O)m- may be attached either through nitrogen atom or carbon atom; n is an integer ranging from 1-4 and m is an integer 0 or I and a process for its preparation and its use in the preparation of (-aryl-ct-substituted hydroxyalkanoic acids is provided.

The compound of formula (IVf) where R 7 and R 8 each represent hydrogen atoms and all other symbols are as defined earlier is prepared by a process outlined in Scheme-

III.

R

1 R 2 .X R R' RCH2)_ 0 );Ar-CHO Base R 2

X

6 H H R N RI (CH2)-(O)-Ar-C=C-OR'

R

4

R

3

N_\

R 4N Rs (Ilia) R (IVi)

RSOCH

2 P'PPh 3 'Hal (IVb)

R

9

OH

(IVf) Scheme III S-34- The reaction of a compound of formula (IlIa) where all symbols are as defined D earlier with a compound of formula (IVh) where R 9 is as defined earlier and Hal represents a halogen atom such as CI, Br, or I may be carried out under conventional C conditions in the presence of a base. The base is not critical. Any base normally employed for Wittig reaction may be employed, metal hydride such as NaH, or KH; metal alkoxides 00 such as NaOMe, KtBuO', or NaOEt; or metal amides such as LiNH 2 or LiN(ipr) 2 SAprotic solvent such as THF, DMSO, dioxane, DME and the like may be used. Mixture r of solvents may be used. HMPA may be used as a cosolvent. Inert atmosphere may be 0 employed such as argon and the reaction is more effective under anhydrous conditions.

C 10 Temperature in the range of -80 OC to 100 OC may be used.

The compound of(IVi) where all symbols are as defined earlier may be converted to a compound of formula (IVj) where R 7 and R 8 represent hydrogen atoms and all other symbols are as defined earlier, by treating with an alcohol under anhydrous conditions in the presence of a strong anhydrous acid such as p-toluenesulfonic acid.

The compound of formula (IVj) defined above upon treatment with trialkylsilyl cyanide such as trimethylsilyl cyanide produces a compound of formula (IVf) where R 7 and R 8 represent hydrogen atoms and all other symbols are as defined earlier.

In still another embodiment of the present invention the novel intermediate of formula (IVg)

R

1 2 X R 6

R

7 R I -CHZ)j(O)gAr-

R

3 N'R\5 N ORo (IVg) 4 where the groups R 2

R

3

R

4 and the groups R 5 and R 6 when attached to a carbon atom, may be same or different and represent hydrogen, halogen, hydroxy, nitro, cyano, formyl or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, cycloalkoxy, aryl, aryloxy, aralkyl, aralkoxy, heterocyclyl, heteroaryl, heteroaralkyl, heteroaryloxy, heteroaralkoxy, acyl, acyloxy, hydroxyalkyl, amino, acylamino, alkylamino, arylamino, aralkylamino, aminoalkyl, alkoxycarbonyl, aryloxycarbonyl, aralkoxycarbonyl, alkoxyalkyl, aryloxyalkyl, aralkoxyalkyl, alkylthio, thioalkyl, alkoxycarbonylamino, aryloxycarbonylamino, aralkoxycarbonylamino, carboxylic acid or its derivatives, or sulfonic acid or its derivatives; one or both ofR 5 and R 6 may also 1 represent an oxo group when they are attached to a carbon atom; R 5 and R 6 when attached y to a nitrogen atom represents hydrogen, hydroxy, formyl or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, cycloalkoxy, aryl, aralkyl, heterocyclyl, N heteroaryl, heteroaralkyl, acyl, acyloxy, hydroxyalkyl, amino, acylamino, alkylamino, arylamino, aralkylamino, aminoalkyl, aryloxy, aralkoxy, heteroaryloxy, heteroaralkoxy, 00 alkoxycarbonyl, aryloxycarbonyl, aralkoxycarbonyl, alkoxyalkyl, aryloxyalkyl, Iaralkoxyalkyl, alkylthio, thioalkyl groups, carboxylic acid derivatives, or sulfonic acid derivatives; X represents a heteroatom selected from oxygen, sulfur or NR"' where is I selected from hydrogen or optionally substituted groups selected from alkyl, cycloalkyl, aryl, aralkyl, acyl, alkoxycarbonyl, aryloxycarbonyl, or aralkoxycarbonyl groups; Ar represents an optionally substituted divalent single or fused aromatic or heterocyclic group; R 7 represents hydrogen atom, hydroxy, alkoxy. halogen, lower alkyl. or optionally substituted aralkyl group; R'O represents hydrogen or optionally substituted groups selected from alkyl, cycloalkyl, aryl, aralkyl, heterocyclyl. heteroaryl. or heteroaralkyl groups; Y represents oxygen; the linking group represented by -(CH 2 may be attached either through nitrogen atom or carbon atom; n is an integer ranging from 1-4 and m is an integer 0 or 1 and a process for its preparation and its use in the preparation of P-aryl-a-substituted hydroxyalkanoic acids is provided.

The compound of formula (IVg) where all other symbols are as defined earlier may be prepared by reacting a compound of formula (IVk)

R

1 S R 6

R

7

(CH

2 (IVk) N R H2N OR where R 8 is a hydrogen atom and all other symbols are as defined earlier, with an appropriate diazotizing agent.

The diazotization reaction may be under conventional conditions. A suitable diazotizing agent is an alkyl nitrile, such as iso-amyl nitrile. The reaction may be carried out in presence of solvents such as THF, dioxane, ether, benzene and the like or a combination thereof. Temperature in the range of-50 OC to 80 may be used. The reaction may be carried out in an inert atmosphere which may be maintained by using inert gases 0- 36such as N 2 Ar or He. The duration of the reaction may range from 1 to 24 h, preferably, 1 Sto 12 h.

The compound of formula (IVk) may also be prepared by a reaction between

C

(IIIh) where all symbols are as defined earlier and a compound of formula (IVI) R 7 R o 0 HO-Ar OR I V

I)

H

2

N

C where R 8 is a hydrogen atom and all other symbols are as defined earlier.

NO

0 The reaction of compound of formula (IIIh) where all symbols are as defined .1 earlier and a compound of formula (IV) where all symbols are as defined earlier may be carried out in the presence of solvents such as THF, DMF, DMSO, DME and the like or mixtures thereof. The reaction may be carried out in an inert atmosphere which is maintained by using inert gases such as N2, Ar or He. The reaction may be effected in the presence of a base such as K2C03, Na2CO3 or NaH or mixtures thereof. Acetone may be used as a solvent when K2C03 or Na2CO3 is used as a base. The reaction temperature may range from 20 oC 120 OC, preferably at a temperature in the range of 30 oC 80 OC. The duration of the reaction may range from 1 to 24 hours, preferably from 2 to 12 hours.

As used in this application the term neat means the reaction is carried out without the use of solvent. The pharmaceutically acceptable salts are prepared by reacting the compound of formula with 1 to 4 equivalents of a base such as sodium hydroxide, sodium methoxide, sodium hydride, potassium t-butoxide, calcium hydroxide, magnesium hydroxide and the like, in solvents like ether, THF, methanol, t-butanol, dioxane, isopropanol, ethanol etc. Mixtures of solvents may be used. Organic bases like lysine, arginine, diethanolamine, choline, guanidine and their derivatives etc. may also be used. Alternatively, acid addition salts wherever applicable are prepared by treatment with acids such as hydrochloric acid, hydrobromic acid, nitric acid, sulfuric acid, phosphoric acid, p-toluenesulphonic acid, methanesulfonic acid, acetic acid, citric acid, maleic acid, salicylic acid, hydroxynaphthoic acid, ascorbic acid, palmitic acid, succinic acid, benzoic acid, benzenesulfonic acid, tartaric acid and the like in solvents like ethyl -37c acetate, ether, alcohols, acetone, THF, dioxane etc. Mixtures of solvents may also be Sused.

The stereoisomers of the compounds forming part of this invention may be N1 prepared by using reactants in their single enantiomeric form in the process wherever possible or by conducting the reaction in the presence of reagents or catalysts in their 00 single enantiomer form or by resolving the mixture of stereoisomers by conventional Imethods. Some of the preferred methods include use of microbial resolution, resolving Sthe diastereomeric salts formed with chiral acids such as mandelic acid, camphorsulfonic acid, tartaric acid, lactic acid, and the like wherever applicable or chiral bases such as brucine, cinchona alkaloids and their derivatives and the like. Commonly used methods are compiled by Jaques et al in "Enantiomers, Racemates and Resolution" (Wiley Interscience, 1981). More specifically the compound of formula where YR i o represents OH may be converted to a 1:1 mixture of diastereomeric amides by treating with chiral amines, aminoacids, aminoalcohols derived from aminoacids; conventional reaction conditions may be employed to convert acid into an amide; the diastereomers may be separated either by fractional crystallization or chromatography and the stereoisomers of compound of formula may be prepared by hydrolyzing the pure diastereomeric amide.

Various polymorphs of a compound of general formula forming part of this invention may be prepared by crystallization of compound of formula under different conditions. For example, using different solvents commonly used or their mixtures for recrystallization; crystallizations at different temperatures; various modes of cooling, ranging from very fast to very slow cooling during crystallizations. Polymorphs may also be obtained by heating or melting the compound followed by gradual or fast cooling. The presence of polymorphs may be determined by solid probe nmr spectroscopy, ir spectroscopy, differential scanning calorimetry, powder X-ray diffraction or such other techniques.

The compounds of general formula are useful in the treatment and/or prophylaxis of insulin resistance (type II diabetes), leptin resistance, impaired glucose tolerance, dyslipidemia, disorders related to syndrome X such as hypertension, obesity, insulin resistance, coronary heart disease, and other cardiovascular disorders. These compounds may also be useful as aldose reductase inhibitors, for improving cognitive O -38c functions in dementia, treating diabetic complications, disorders related to endothelial cell Dactivation, psoriasis, polycystic ovarian syndrome (PCOS), inflammatory bowel diseases, osteoporosis and for the treatment of cancer. The compounds of the present inventions C are useful in the treatment and/or prophylaxis of arteriosclerosis and/or xanthoma in combination with one or more HMG CoA reductase inhibitors, hyupolipidemic/ 00 hypolipoproteinemic agents such as fibric acid derivatives, nicotinic acid, cholestyramine, I colestipol or probucol. The compounds of the present invention in combination with CN HMG CoA reductase inhibitors and/or hypolipidemic/hypolipoprotein agents can be 0 administered together or within such a period to act synergistically. The HMG CoA

O

C- 10 reductase inhibitors may be selected from those used for the treatment or prevention of hyperlipidemia such as lovastatin, provastatin, simvastatin. fluvastatin. atorvastatin, cerivastatin and their analogs thereof. Suitable fibric acid derivative may gemfibrozil, clofibrate, fenofibrate, ciprofibrate, benzafibrate and their anologs.

The present invention also provides pharmaceutical compositions, containing the compounds of the general formula as defined above, their tautomeric forms, their stereoisomers, their polymorphs, their pharmaceutically acceptable salts, or their pharmaceutically acceptable solvates in combination with the usual pharmaceutically employed carriers, diluents and the like.

The pharmaceutical composition may be in the forms normally employed, such as tablets, capsules, powders, syrups, solutions, suspensions and the like, may contain flavorants, sweeteners etc. in suitable solid or liquid carriers or diluents, or in suitable sterile media to form injectable solutions or suspensions. Such compositions typically contain from 1 to 20 preferably 1 to 10 by weight of active compound, the remainder of the composition being pharmaceutically acceptable carriers, diluents or solvents.

The compound of the formula as defined above are clinically administered to mammals, including man, via either oral or parenteral routes. Administration by the oral route is preferred, being more convenient and avoiding the possible pain and irritation of injection. However, in circumstances where the patient cannot swallow the medication, or absorption following oral administration is impaired, as by disease or other abnormality, it is essential that the drug be administered parenterally. By either route, the dosage is in the range of about 0.01 to about 50 mg kg body weight of the subject per -39- C day or preferably about 0.01 to about 30 mg kg body weight per day administered singly C or as a divided dose. However, the optimum dosage for the individual subject being treated will be determined by the person responsible for treatment, generally smaller cN doses being administered initially and thereafter increments made to determine the most suitable dosage.

00 Suitable pharmaceutically acceptable carriers include solid fillers or diluents and I sterile aqueous or organic solutions. The active compound will be present in such CN pharmaceutical compositions in the amounts sufficient to provide the desired dosage in 0 the range as described above. Thus, for oral administration, the compounds can be C' 10 combined with a suitable solid, liquid carrier or diluent to form capsules, tablets, powders, syrups, solutions, suspensions and the like. The pharmaceutical compositions, may, if desired, contain additional components such as flavorants, sweeteners, excipients and the like. For parenteral administration, the compounds can be combined with sterile aqueous or organic media to form injectable solutions or suspensions. For example, solutions in sesame or peanut oil, aqueous propylene glycol and the like can be used, as well as aqueous solutions of water-soluble pharmaceutically-acceptable acid addition salts or salts with base of the compounds. The injectable solutions prepared in this manner can then be administered intravenously, intraperitoneally, subcutaneously, or intramuscularly, with intramuscular administration being preferred in humans.

The invention is explained in detail in the examples given below which are provided by way of illustration only and therefore should not be construed to limit the scope of the invention.

Preparation 1 4-[2-(3-Oxo-2H-1,4-benzoxazin-4-yl)ethoxylbenzaldehyde

"CHO

(CH2)2 A mixture of 2H-l,4-benzoxazin-3-(4H)-one (1.6 g, 10.7 mmol), 4-(2bromoethoxy)benzaldehyde (2.95 g, 12.8 mmol) and potassium carbonate (5.93 g, 42.97 mmol) in dry dimethyl formamide (30 mL) was stirred at 80 OC for 10 h.

(NI Water (100 mL) was added and extracted with ethyl acetate (2 x 75 mL). The combined organic layers were washed with water (50 mnL), brine (50 mL), dried (Na 2

SO

4 filtered and the solvent was evap orated. The residue was chromatographed C1 over silica gel using a mixture of ethyl acetate and pet. ether (2 to afford the title compound (2.9 g, 91 as a colorless solid. mp :75 78 0

C.

00I 'H NMR (CDCl 3 200hMHz): 4.37 4H1), 4.62 2H1), 6.96 7.26 (complex, 6H1), 7.82 J 8.4 Hz, 2H), 9.89 111).

Preparation 2 6-12-(2,3-Dihydro-1,4-benzothiazin-4-yl)ethoxylcyanonaphtbalene N

CN

(CH2.)-O A mixture of 2-(2,3-dihydro-1 ,4-benzothiazin-4-yl)ethyl methanesulfonate (0.49 g, 1.82 mmol), 2-hydroxy-6-cyanonaphthalene 1.65 mmol) and potassium carbonate 15 g, 8.28 mmol) in dry dimethyl formamide (15 mL) was stirred at 80 OC for 12 h. Water (50 mnL) was added and extracted with ethyl acetate (2 x 25 mL). The combined ethyl acetate layer was washed with water (25 mL), brine (20 mL), dried (Na 2

SO

4 filtered and the solvent was evaporated under reduced pressure. The residue was chromatographed over silica gel using a mixture of ethyl acetate and pet. ether to afford the title compound (0.41 g, 72 as a pale yellow solid. mp :94 96 'C.

'HNMR (CDCl 3 200 MHz): 3.05 (t,JI= 5.21 Hz, 2H), 3.79 3.85 (complex, 4H), 4.31 J 5.82 Hz, 2H), 6.64 6.78 (complex, 2H), 6.97 7.25 (complex, 4H), 7.53 -7.80 (complex, 311), 8.13 I H).

Preparation 3 6-[2-(2,3-Dihydro-I ,4-benzothiazin-4-yl)ethoxyj naphthaldehyde as

CHO

NC~-

-41c, To a solution of 6 2 2 ,3-dihydro-l,4-benzothiazin-4-yl)ethoxy]cyanonaphthalene (8 g, 22.9 mmol) obtained in preparation 2 in dry tetrahydrofuran (15 mL) was added diisobutyl aluminum hydride (93 mL, 20 in toluene) at 70 °C over a period of lh. After the addition reaction mixture was stirred at 25 OC for 16 h. At the end of this time, ethyl formate (20 mL) was added and stirred for 1 hat 25 Saturated anmmonium chloride solution (15 mL) was added. The reaction mixture was acidified with 10 00 Ssulphuric acid and extracted with ethyl acetate (2 x 75 mL). The combined ethyl acetate layer was washed with water (2 x 50 mL), brine (50 mL), dried (Na 2

SO

4 filtered and the \s0 solvent was evaporated under reduced pressure. The residue was chromatographed over S 10 silica gel using a mixture of ethyl acetate and pet. ether (10 90) to afford the title compound (4.5 g, 56 as a pale yellow solid. mp 100 102 "C.

'H NMR (CDCI 3 200 MHz): 3.06 J 5.2 Hz. 2H), 3.72 3.86 (complex.

4H), 4.33 J 5.67 Hz, 2H), 6.60 6.79 (complex, 2H), 6.97 7.25 (complex, 4H), 7.74 7.93 (complex, 3H), 8.25 1H), 10.09 1H).

Preparation 4 4-[4-Methyl-3,4-dihydro-2H-1,4-benzoxazin-2-yllmethoxybenzaldehyde

CHO

CH

3 To a solution of 4-methyl-3,4-dihydro-2H-1,4-benzoxazin-2-methanol (6.0 g, 33.51 mmol) in dichloromethane (20 mL) was added triethylamine (10.15 g, 100.5 mmol) under nitrogen atmosphere at 25 OC. Methanesulfonyl chloride (5.75 g, 50.25 mmol) was added to the above reaction mixture at 0 °C and stirring was continued for further 10 h at OC. Water (50 mL) was added and extracted with chloroform (2 x 25 mL). The combined organic extracts were washed with water (50 mL), dried (Na 2

SO

4 filtered and the solvent was evaporated under reduced pressure. The residue was chromatographed over silica gel using a mixture of ethyl acetate and hexane (2 8) to yield (4-methyl-3,4dihydro-2H-l,4-benzoxazin-2-yl)methyl methanesulfonate (3.7 g, 43 as a syrup.

-42- (N 'H NMvR (CDC1 3 200 MHz): 2.88 3H), 3.07 3H), 3.13 3.3 1 (complex, 2H), 4.41 J 5.2 Hz, 2H), 4.53 4.55 (complex, IH), 6.81 6.89 (complex, 4H).

A mixture of (4-methyl-3 ,4-dihydro-2H- 1 ,4-benzoxazin-4-yl)methyl methanesulfonate ri (3.7 g, 14.39 inmol), 4-hydroxy benzaldehyde (2.6 g, 21.29 mmol) and potassium carbonate (5.9 g, 42.7 mmol) in dry dimethyl formamide (30 mL) was stirred at 80 *C for h. Water (100 mL) was added and extracted with ethyl acetate (2 x 70 mL). The combined organic layers were washed with water (50 mL), brine (50 mL) and dried (Na 2

SO

4 filtered and the solvent was evaporated under reduced pressure. The residue IND was chromatographed over silica gel using a mixture of ethyl acetate and pet. ether (2 8) to afford the title compound (1.3 g, 32 as a thick liquid.

'H NMR (CDCI 3 200 MHz): 2.93 3H), 3.24 3.46 (complex. 2H), 4.14 4.37 (complex, 2H), 4.68 4.71 (complex, IH), 6.72 7.10 (complex, 6H), 7.86 J 8.8 Hz, 2H), 9.92 I1H).

Preparation 4-[4-Benzyl-3,4-dihydro-2H-1,4-benzoxazin-2-ylj methoxybenzaldcbyde

CHO

The title compound (3.2 g, 80 was prepared as a pale yellow solid from 4benzyl-3,4-dihydro-2H-1,4-benzoxazin-2-methanoI (4.0 g, 15.68 mmol) by a procedure similar to that described for preparation 4. mp 92 94 *C.

'H NMR (CDC1 3 200 MHz): 3.38 -3.43 (complex, 2H), 4.14 -4.32 (complex, 2H), 4.46 J 7.8 Hz, 2H), 4.60 4.65 (complex, IlH), 6.65 6.89 (complex, 4H), 7.00 J 8.8 Hz, 2H), 7.32 5H), 7.83 J 8 .8 Hz, 2H), 9.90 I H).

Example 1 Ethyl [4-12-(2,3-dihydro-1 ,4-benzoxazin-4-yl)ethoxy IphenylI-2ethoxypropenoate -43- COOEt OEt 0e h (CH 2 2 -O

OE

A solution oftriethyl 2-ethoxyphosphonoacetate Grell and H. Machleidt, O0 Annalen Chemie, 1960, 699, 53). (7.8 g, 29.1 mmol) in dry tetrahydrofuran (15 mL) was k added slowly to a stirred, ice-cooled suspension of sodium hydride (60 dispersion in N 5 oil) (1.39 g, 29.1 mmol) in dry tetrahydrofuran (5 mL) under nitrogen atmosphere. The 0 mixture was stirred at 0 °C for 30 minutes followed by the addition of a solution of 4-[2- CN 2 3 -dihydro-1,4-benzoxazin-4-yl)ethoxy]benzaldehyde (7.5 g, 26.5 mmol) which is prepared according to the process described in Preparation 1 disclosed in U.S. Patent Application No. 08/982,910, in dry tetrahydrofuran (20 mL). The mixture was allowed to warm to 25 °C and stirred further for 20 h. The solvent was evaporated and the residue was suspended in water (100 mL) and extracted with ethyl acetate (2 x 75 mL). The combined ethyl acetate layers were washed with water (75 mL), brine (50 mL), dried (Na 2

SO

4 filtered and the solvent was evaporated under reduced pressure. The residue was chromatographed over silica gel using a mixture of ethyl acetate and petroleum ether 8) as eluent to afford the title compound (8.0 g, 75 a gum as a 65:35 Z:E mixture of geometric isomers A. Aitken and G. L. Thorn, Synthesis, 1989, 958).

'H NMR (CDCl 3 200 MHz) 1.18 and 1.36 (combined 6H, isomeric OEt, triplet signals), 3.51 J 4.48 Hz, 2H), 3.71 J 5.39 Hz, 2H), 3.89 4.03 (complex, 2H), 4.10 4.34 (complex, 6H), 6.07 0.35H, E olefinic proton), 6.63 7.14 (complex, 6.65H), 7.73 J 8.72 Hz, 2H).

Example 2 Methyl 3-14-[2-(2,3-dihydro-1,4-benzoxazin-4-yl)ethoxy]phenyll-2-ethoxy propanoate COOMe

N

(CH

2 2 O 0 -44- A mixture of ethyl (E/Z)-3-[4-[2-(2,3-dihydro-1,4-benzoxazin-4-yl)ethoxy] phenyl]-2-ethoxypropenoate (8.0 g, 20.0 mmol) obtained in example 1 and magnesium

C

turnings (9.64 g, 396.7 mmol) in dry methanol (50 mL) was stirred at 25 OC for 20 h. At the end of this time water (50 mL) was added and pH was adjusted to ca 7.0 using 10 aqueous hydrochloric acid and the solution was extracted with ethyl acetate (2 x 10 mL).

0 The combined organic extract was washed with water (75 mL), brine (75 mL), dried 00 (Na 2

SO

4 filtered and the solvent was removed under reduced pressure. The residue was N chromatographed over silica gel using a mixture of ethyl acetate and pet. ether (2 8) as D an eluent to get the title compound (5.0 g, 64 as a gummy liquid.

S 10 'H NMR (CDCl 3 200 MHz) :1.15 J= 7.0 Hz, 3H), 2.93 J= 6.64 Hz, 2H), 3.23 3.38 (complex, 1H), 3.43 3.72 (complex, 8H), 3.97 J 6.9 Hz, 1H), 4.14 J 5.81 Hz, 2H), 4.19 J 4.2 Hz, 2H), 6.55 6.83 (complex, 6H), 7.13 J 8.39 Hz, 2H).

Example 3 Ethyl 3 2 2 3 -dihydro-1,4-benzoxazin-4-yl)methylbenzofuran-5-yl]-2ethoxypropenoate 0 OEt CO 2 Et The title compound (0.8 g, 58 was prepared as a gummy material from formyl-2-(2,3-dihydro- 1,4-benzoxazin-4-yl)methyl benzofuran (1.0 g, 3.41 mmol) by a procedure analogous to that described in example 1.

'H NMR (CDCI 3 200 MHz) 1.06 and 1.38 6H, OCH 2

CH

3 and OCH 2

CH

3 triplet signals), 3.48 J 4.98 Hz, 2H), 3.89 4.18 (complex, 2H), 4.28 4.40 (complex, 4H), 4.54 and 4.56 (combined, 2H, -NCH 2 -signals), 6.20 (0.5 H, E isomer of olefinic proton), 6.52 and 6.59 (combined, 1H), 6.65 6.83 (complex, 2.5 7.08 7.11 (complex, 1H), 7.32 7.44 (complex, 2H), 7.69 J 8.3 Hz, 1H), 7.99 1H).

C1 Example 4 Ethyl (EIZ)-3-[4-[2-(2,3-dihydro-1 ,4-ben'zothiazin-4-yl)ethoxyjpbenylj -2ethoxypropenoate ri 5 The title compound was prepa red as a 38 62 ratio of geometric isomers (as measured by 'HNMR) (3.2 g, 71 as a gum, from 4-[2-(2,3)-dihydro-1,4-benzothiazinr~l 4-yl)ethoxy]benzaldehyde (3.3 g, 11.03 nimol) prepared according to the process described in Preparation 2 disclosed in Patent Application 08/982,9 10 by a method analogous to that described in example 1.

'H NMR (CDCI 3 200 MHz) 1.14 and 1.35 (combined, 6H4. isomeric

OCH

2

CH

3 triplet signals), 3.02 J 4.9 Hz, 2H), 3.69 3.88 (complex, 4H), 3.92 4.03 (complex, 2H), 4.12 4.33 (complex, 4H), 6.06 0.38 H, E olefinic proton), 6.61 7.14 (complex, 6.62 H4): 7.73 J =8.81 Hz, 2H4).

Example Methyl 3-[2-(2,3-dihydro-1,4-benzoxazin-4-yl)methylbenzofu ran-5-ylI-2ethoxypropanoate 0

OCH

2 C H 3 C0 2

CH

3 The title compound (0.6 g, 78 was prepared as a gum from Ethyl (2,3-dihydro- 1,4-benzoxazin-4-yl)methylbenzofuran-5-yl]-2-ethoxypropenoate (0.8 g, .1.96 mmol) obtained in example 3 by a procedure analogous to that described for example 2.

'H NMR (CDCI 3 200 MHz) 1. 15 J 7.0 Hz, 3H), 3.07 J =5.8 Hz, 2H), 3.28 3.67 (complex, 4H), 3.70 3H), 4.03 J 6.0 Hz, 114), 4.28 J =4.47 Hz, 2H), -46- N 4.54 2H), 6.52 1H), 6.62 6.89 (complex, 4H), 7.10 7.05 Hz, 1H), 7.35 (complex, 2H).

Example 6 ri Methyl-3-[4-[2-(2,3-dihydro-1,4-benzothiazin-4-yl)ethoxy] phenyljl-2ethoxypropanoate 00 S N

COOCH

3 N \O (CH 2 2 0

OCH

2

CH

3 The title compound (2.3 g, 76 was prepared as a gummy liquid from ethyl (E/Z)-3-[4-[2-(2,3-dihydro-1,4-benzothiazin-4-yl)ethoxy]phenyl]-2-ethoxypropenoate (3.1 g, 7.50 mmol) obtained in example 4 by an analogous procedure to that described in example 2.

'H NMR (CDCl 3 200 MHz) :1.15 J 7.01 Hz. 3H), 2.93 J 6.65 Hz, 2H), 3.03 J 5.21 Hz, 2H), 3.23 3.41 (complex, 1H), 3.52 3.80 (complex 8H), 3.97 J= 7.01 Hz, 1H), 4.14 J 5.81 Hz, 2H), 6.61 6.82 (complex, 4H), 6.92 7.05 (complex, 2H), 7.13 J 8.53 Hz, 2H).

Example 7 Methyl 2-methyl-3-14-12-(2,3-dihydro-1,4-benzoxazin-4-yl)ethoxylphenyll-2ethoxypropanoate

OCH

N N

COOCH

3 (CHA-o OCHzC To a solution of methyl 3-[4-[2-(2,3-dihydro-1,4-benzoxazin-4-yl)ethoxy]phenyl]- 2-ethoxypropanoate (0.6 g, 1.5 mmol) obtained in example 2 in dry tetrahydrofuran mL) was added lithium diisopropyl amide (5.25 L, 0.5 mL solution in THF hexane) at -78 OC. After stirring for h at -78 OC, methyl iodide (0.75 inmL) was added and the reaction mixture was allowed to warm to room temperature (ca 25 oC) and stirred for further 20 h at the same temperature. Water (20 mL) was added, acidified with I N hydrochloric acid and extracted with ethyl acetate (2 x 25 mL). The combined ethyl -47- (Nj acetate layer was washed with water (25 mL), brine (25 mb), dried (Na 2

SO

4 filtered and the solvent was evaporated under reduced pressure to afford the title compound (0.5 g, V) %)as an oil.

I H NMR, (CDCI 3 200 MHz): 1.21 J 6.97 Hz, 3H), 1.31 3H), 2.95 (s, 2H), 3.32 3.58 (complex, 4H), 3.62 3.84 (complex, 5H1), 4.14 J 5.81 Hz, 2H), 4.22 00 J 4.25 Hz, 2H), 6.55 6.88 (complex, 6H), 7.08 J =8.63 Hz, 2H).

Example 8 N Methyl 2-2furbnzl--41- ,-iyr-,4-benzoxazin-4-yl)ethoxyI phenylj- 2-ethoxypropanoate t;2200Ot The title compound (0.6 g, 78 was prepared as a brown liquid from methyl 3- [4-[2-(2,3-dihydro- 1, 4 -benzoxazin-4-yl)ethoxy~phenyl]-2-ethoxypropanoate (0.6 g, mmol) obtained in example 2 by an analogous procedure to that described in example 7.

'HNMR (CDCl 3 ,200 MHz) :1.22 J 6.96 Hz, 3.03 3.18 (complex, 4H), 3.51 J 4.2 Hz, 2H), 3.59 3.71 (complex, 7H), 4.14 J 5.81 Hz. 2H), 4.22 J 4.24 Hz, 2H), 6.42 6.85 (complex, 6H), 6.90 7.32 (complex 6H).

Examnle 9 Ethyl ,4-benzoxazin-4-yl)ethoxyj phenylj-2ethoxypropenoate COOEt

(CH

2 K. Et The title compound (3.9 g, 97 was obtained in 32: 68 ratio of E:Z isomers as a white solid from -oxo-2H- 1,4-benzoxazin-4-yl)ethoxy]benzaldehyde (2.9 g, 9.7 mmol) obtained in preparation 1 by an analogous procedure to that described in example 1. mp .92 -95 *C.

-48- N NMR (CDCl 3 200 M~z) 1. 13 1.43 (complex, 6H), 3.88 4.02 (complex, 2H), 4.07 4.40 (complex, 6H), 4.60 2H), 6.05 0.32 H, E olefinic proton), 6.76 7.32 (complex, 6.68 7.71 J 8.72 Hz, 2H).

Example Methyl 3-14-12-(3-oxo-2H-1 ,4-benzoxazin-4-yl)ethoxyl phenyll-2-ethoxypropanoate 00

CO

2 Me The title compound (1.0 g, 51 was prepared as a colorless syrup from ethyl 1, 4 -benzoxazin-4-yI)etlioxylphenyll-2-ethoxypropenoate (2.0 g& 4.8 mmol) obtained in example 9 by a procedure analogous to that described in example 2.

'H NMR (CDCl 3 200 M1z): 1.14 J =7.0 Hz, 3H). 2.92 (d,JI= 6.6 Hz, 2H), 3.25 3.41 (complex, 111), 3 .53 3.61 (complex, I1H), 3.68 3 3.96 J 7.0 Hz, 1H), 4.21 4.32 (complex, 4H), 4.68 2H), 6.77 J 8.63 Hz, 2H), 6.98 7.33 (complex, 6H).

Example I11 Ethyl (E/Z)-3-16-[2-(2,3-dihydro-1 ,4-benzothiazin-4-yl)ethoxyl naphthyll-2ethoxypropenoate

CO

2 Et (CHk)-0-0 OEt' The title compound as a I1: I mixture of E/Z isomers (1.74 g, 87 was prepared as a brown syrup from 6-[2-(2.3)-dihydro-1,4-benzothiazin-4-yl)ethoxyj naphthaldehyde g, 4.29 mmol) obtained in preparation 3 by a procedure analogous to that described in example 1.

'H NMR (CDC1 3 200 MHz): 0.99 1.47 (complex, 6H), 3.06 I 4.98 Hz, 2H), 3.79 3.95 (complex, 4H), 3.99 4.18 (complex, 2H), 4.25 4.37 (complex, 4H), -49- Ni 6.23 0.5 H, E olefinic proton), 6.59 6.79 (complex, 211), 6.97 7.29 (complex, 7.57 7.95 (complex, 8.14 1H-).

Example 12 ri Methyl 3-[6-12-(2,3-dibydro-1 ,4-benzothiazin-4-yI)etboxyj naphthylj-2ethoxypropanoate 00 Ni CO 2 Me riTette(CH 2 2 -O 0 0 OEt Tettecompound (1.25 g, 75 was prepared as a colorless syrup from ethyl -[6-[2-(2,3-dihydro- 1, 4 -benzothiazin-4-yl)ethoxy]naplhthyll-2-ethoxvpropenoate (1.7 g, 3.67 mmol) obtained in example I11 by an analogous procedure to that described in example 2.

'HNMR (GDCI 3 ,200 MHz): 1.14 J =7.06 Hz. 3H), 3.06 J =5.21 Hz, 2H1), 3.13 J 7.15 Hz, 211), 3.29 3.37 (complex. I1H), 3.57 -3.64 (complex, I1H).

3.70 3H), 3.77 3.83 (complex, 4H), 4.09 J 7.2 Hz, I 4.25 J 5.81 Hz, 211), 6.62 6.79 (complex, 211), 6.96 7.36 (complex, 5H). 7.60 7.70 (complex. 311).

Example 13 Ethyl 3-14-12-(2,3-dihydro-1 ,4-benzoxakzin-4-yI)ethoxyl phenyll-2-hydroxypropanoate

CO

2 Et

(CH

22 -0-(II OH The title compound 14 g, 32 was prepared as a gummy liquid from dihydro-l ,4-benzoxazin-4-yl)ethyI methanesulfonate (0.36 g, 1.42 mmol), potassium carbonate (0.80 g, 5.8 mmol) and ethyl 2-hydroxy-3-(4-hydroxypheniyl)propanoate (0.3 g, 1.42 mmnol) using conditions analogous to that described in preparation 2.

'H NMR (CDC1 3 200 MHz): 1.24 (t,J3= 7.15 Hz,311), 2.71 3 6.23 Hz, 11H, D 2 0 exchangeable), 2.84-3. 10 (complex, 211), 3.50 J 4.47 Hz, 211). 3.67 J1 5.48 Hz, 211), 4.11 4.26 (complex, 611), 4.37 4.39 (complex, I1H), 6.61 6.86 (complex, 611), 7.11 J 8.62 Hz, 211).

N1 Example 14 Ethyl 3- [4-[2-(2,3-dihydro-1 ,4-benzothiazin-4-yl)ethoxyj phenylj-2bydroxypropanoate 00 N

CO

2 Et

(CH

2 2 -O -0 'OH ID 5 The title compound (1.9 g, 17 was prepared as a gummy liquid from 2-(2,3d ihydro-1,4-benzothiazin-4-yl)ethyl methanesulfonate (8.2 g, 30.0 mmol). potassium carbonate (20.7 g, 150 mmol) and ethyl 2-hydroxy-3-(4-hydroxyphenyl)propanoate (6.3 g, 30.0 mmol) using conditions analogous to that described in preparation 2.

IH NMR (CDCI 3 200 MHz): 1.29 7.11 Hz. 3H). 2.70-2.80 (bs. 1H.

D

2 0 exchangeable), 2.82 3.15 (complex, 411), 3.65 3.82, (complex, 4H). 4.10 4.30 (complex, 411), 4.28 4.40 (complex, 1H), 6.62 -6.89 (complex, 4H), 6.92 7.18 (complex, 4H-).

Example Ethyl 3-14-[2-(2,3-dihydro-1,4-benzoxazin-4-yl)ethoxyl pbenyll-2benzyloxypropanoate 0 N

CO

2 Et kCH2) O OBn A solution of ethyl 3-[4-[2-(2,3-dihydro-1 ,4-benzoxazin-4-yl)ethioxy]phenyl]-2hydroxyprppanoate (0.5 g, 1.34 mmol) obtained in example 13 in dry dimethyl formamide (5 mL) was added to a stirred ice cooled suspension of sodium hydride (60 dispension in oil) (0.08 g, 1.66 mmol) in dry dimethyl formamide (3 mL) under nitrogen atmosphere. The reaction mixture was stirred at 0 0 C for, 30 minutes followed by the addition of benzyl bromide (0.46 g, 2.69 mmol). The mixture was allowed to warm to *C and stirring was continued for further 18 h. Water (25 mL) was added and. exctracted with ethyl acetate (2 x 50 mL). The combined organic layer was washed with water -51- N mL), brine (50 mL) and dried Na 2

SO

4 and filtered. The solvent was evaporated under reduced pressure and the residue was chromatographed over silica gel using a mixture of ethyl acetate and pet. ether (2 8) as eluent to afford the title compound (0.3 g) along with N benzyl 3-[4-[2-(2,3-dihydro-1, 4 -benzoxazin-4-yl)ethoxy]phenyl-2-benzyloxypropanoate.

This mixture (1 1) is used in example 47 without any separation.

'H NMR (CDC1 3 200 MHz): 1.23 J 7.05 Hz 1.5H), 2.99 J 7.06 Hz, 00 4H), 3.0 3.72 (complex, 8H), 4.05 -4.30 (complex, 12H), 4.32 4.71 (complex, 4H), 5.13 2H), 6.55 -6.89 (complex, 12H), 7.05'- 7.36 (complex, 19H).

\O

Example 16 Ethyl 3-[4-[2-(2,3-dihydro-1,4-benzoxazin-4-yl)ethoxy phenyl]-2-butoxypropanoate

O

N

CO

(CH

22 -o0

D

The title compound (0.4 g, 52 was prepared as a gummy liquid from 2-(2,3dihydro-l ,4-benzoxazin-4-yl)ethyl methanesulfonate (0.46 g. 1.78 mmol), potassium carbonate (0.98 g, 7.12 mmol) and ethyl 2-butoxy-3-(4-hvdri-oxyphenyl)propanoate (0.47 g, 1.78 mmol) using conditions analogous to that described in preparation 2.

'H NMR (CDCI 3 200 MHz): 0.84 J 7.53 Hz. 3H), 1.19 1.34 (complex, 1.43 1.55 (complex, 2H), 2.92 J 6.32 Hz. 2H), 3.22 3.36 (complex, 1H), 3.48 3.59 (complex, 3H), 3.68 J 5.82 Hz. 2H). 3.93 J 6.2 Hz, 1H), 4.11 4.24 (complex, 6H), 6.61 6.86 (complex, 6H), 7.13 3 8.3 Hz. 2H).

Examle 17 Ethyl 3-[4-[2-(2,3-dihydro-1,4-benzoxazin-4-yl)ethoxy phenyl]-2hexyloxypropanoate

CO

N )CCO 2 Et

(CH

2 2

-O

(UN2)20-0 -52- The title compound (0.31 g, 50 was prepared as a colorless syrup from 2-(2,3dihydro-1,4-benzoxazin-4-yl)ethyl methanesulfonate (0.35 g, 1.3 mmol), potassium carbonate (0.75 g, 5.4 mmol) and ethyl 2-hexyloxy-3-(4-hydroxyphenyl) propanoate (0.4 ri g, 1.3 mmol) using conditions analogous to that described in preparation 2.

'H NMR (CDCI 3 200 MHz): 0.85 J =5.72 Hz, 3H), 1.20 -1.34 (complex, 00 7H), 1.40 1.66 (complex, 4H), 2.93 J =6.0 Hz, 2H), 3.21 3.31 (complex, 1H), 3.49 -3.60 (complex, 3H), 3.68 J 5.72 Hz, 2H), 3.93 J 5.81 Hz, I 4.11 7 4.24 kni (complex, 6H), 6.62 6.81 (complex, 5 7.09 7.16 (complex, 3H).

IND Example 18 Ethyl (EIZ)-3-[4-[2-(2,3-dihydro-1,4-benzoxazin.4-yI)ethoxy phenylj-2phenoxypropenoate im o CO 2 Et

IC

2 OPh The title compound (0.92 g, 58 was prepared as a mixture of E Z isomers as a syrupy liquid from 4-[2-(2,3-dihydro-l ,4-benzoxazin-4-yl)ethoxy]benzaldehyde (1.0 g, 3.0 mniol) and triethyl 2-phenoxyphosphonoacetate G. Schultz. et. al. J. Org.

Chem., 1983, 48, 3408) (1.3 g, 4.0 rumol) by an analogous procedure to that described in example 1.

'H NMR (CDCI 3 200 MHz): 1.06 and 1.18 (combined 3H. isomeric

OCH

2

CH

3 triplet singals), 3.43 3.57 (complex, 2H), 3.64 3.75 (complex, 2H), 4.06 4.28 (complex, 6H), 6.60 6.90 (complex, 8H), 6.94 7.12 (complex, 2H), 7.22 7.45 (complex, 3 7.64 J 8.72 Hz, 1 H).

Example 19 Methyl 3-14-[2-(2,3-dihydro-1 ,4-benzoxazin-4-yI)ethoxylphenylj-2phenoxypropanoate ao

CO

2 Me -53- The title compound (0.49 g, 57 was prepared as a gummy material from ethyl (E/Z)-3-[4-[2-(2,3-aihydro-I 4 -benzoxazin-4-yl)ethoxylphenyl]-2-phenoxypropenoate (0.9 g, 2.0 mmol) obtained in example 18 by an analogous procedure to that described for N7 example 2.

'H NMR (CDCI 3 200 MHz): 3.17 J 6.2 Hz, 2H), 3.50 J 4.3 Hz, 2H),- 3.65 3.70 (complex, 51H), 4.14 J 5.76 Hz, 2H), 4.21 J 4.15 Hz, 2H), 4.75 J 6.4 Hz, I 6.61 6.98 (complex, 9H), 7.17 7.27 (complex, 4H).

Example IND Ethyl (E/Z)-3-[4-12-(2,3-dihydro-1,4-benzotbiazin-4-yl)ethoxylphenylj-2 phenoxypropenoate a s

CO

2 Et OPh The title compound (3.7 g, 60 was prepared as a mixture of E Z isomers as a gummy material from 4-[2-(2,3-dihydro- 1,4-benzothiazin-4yl)ethoxy]benzaldehvde (4.0 g, 13.0 mmol) and triethyl 2-phenoxyphosphonoacetate

(A.

G. Schultz, el. al. J1 Org. Chem. 1983, 48, 3408). (5.07 g. 16.0 mnmol) by an analogous procedure to that described in example 1.

'H NMR (CDCI 3 200 MHz): 1.05 1.36 (complex. 3H), 3.00 3.1 1 (complex, 2H), 3.64 3.85 (complex, 4H), 4.09 -4.30 (complex, 4H). 6.58 7.13 (complex, 8H), 7.20 7.46 (complex. 4H), 7.65 J 8.7 Hz, 2H).

Example 21 Methyl 3-14- 12-(2,3-dihydro-1 ,4-benzothiazin-4-yl)ethoxyj phenyll-2phenoxypropanoate 00

CO

2 Me IO h The title compound (2.3 g,-64 was prepared as a gummy material from ethyl (E/Z)-3)-[4-[2-(2,3-dihydro-1I,4-benzothiazin-4-yl)ethoxy]phenyl] -2-phenoxypropenoate -54 (3.7 g, 8.0 mmol) obtained in example 20 by an analogous procedure to that described for example 2.

'H NMR (CDCl 3 200 MHz): 2.99 J 5.439 Hz, 2H), 315 J 5.99 Hz, 2H), 3.60 3.78 (complex, 7H), 4.13 J 5.4 Hz, 2H), 4.74 J 6.23 Hz. I 6.58 6.89 (complex, 6H), 6.90 7.06 (complex, 2H), 7.11 7.30 (complex, 00 Example.22 tn Ethyl (E/Z)-3-(4-(4-methyl-3,4-dihydro-2H-1 ,4-benzoxazin-2-yl) methoxvphenyl]-2ethoxypropenoate 0 2 Et Nr Me The title compound (0.4 g, 25 was prepared as a mixture of E Z isomers (1: 1) as a brown liquid from 4-(4-methyl-3,4-dihydro-2H-l .4-benzoxazin-2yl)methoxybenzaldehyde (1.2 g, 4.24 mmol) obtained in preparation 4 by an analogous procedure to that described in example 1.

'H NMR (CDCI 3 200 MHz): 1.36 J 7.1 1-17 6H), 2.90 3H), 3 .26 3.45 (complex, 2H), 3.99 J 7.2 Hz, 2H), 4.10 4.38 (complex, 4H), 4.50 4.60 (complex, I1H), 6.70 J 7.47 Hz, 21-i), 6.81 6.90 (complex, 5H), 7.75 J =8.8 Hz. 2H).

Example 23 Methyl 3-14-(4-methyl-3,4-dihydro-2H-1 ,4-benzoxazin-2-yl)niethoxyphenyll-2etboxypropanoate C0 2 Me Nr Me The title compound (0.25 g, 65 was prepared as a thick liquid from ethyl (E/Z)-3-[4-(4-methyl-3- ),4-dihydro- 1,4-benzoxazin-2-yl)methoxyphenyl]-2- (Nj ethoxypropenoate (0.4 g, 1.0 mmol) obtained in example 22 by an analogous procedure to that described in example 2.

'H NMR (CDC1 3 200 MHz): 1. 16 J 7.0 Hz, 3H), 2.89 3H), 2.95 J cK1 6.2 Hz, 2H), 3.19 3.41 (complex, 3.55 3.66 (complex, 1H), 3.70 3H), 3.95 4.24 (complex, 3H), 4.60 4.64 (complex, I1H), 6.64 7.08 (complex, 6H), 7.15 J 00 8.4 Hz, 2H).

Example 24 Ethyl (E/Z)-3-14-(4-benzyl-3,4-dihydro-2H-1 ,4-benzoxazin-2-yl)methoxyphenylj-2ethoxypropenoate

COPE

OUt

CH

2 Ph The title compound (3.0 g, 76 was prepared as E:Z isomers as a syrupy liquid from 4-[4-benzyl-3,4-dihydro-2H- 1,4-benzoxazin-2-vl)methoxv'benzaldehyde g, 8.35 mmol) obtained in preparation 5 by a procedure analogous to that described for example 1.

'H NMR (CDCI1 3 200 MHz): 1.33 1.40 (complex. 6H), 3.39 3.44 (complex, 2H)7 3.99 J 7.0 Hz, 2H), 4.11 4.38 (complex, 4H). 4.46 J 5.0 Hz, 2H), 4.52 4.66 (complex, I 6.60 -6.97 (complex, 7H), 7.28 5H). 7.75 J 8.8 Hz, 2H).

Example Methyl 3-[4-(4-benzyl-3,4-dihydro-21,4-benzoxazin-2-y l)methoxyphenylj-2ethoxypropanoate CH1 2 Ph -56- 'NI The title.compound (1.5 g, 100 was prepared from ethyl (E/Z)-3-[4-(4-benzyl- 3,4-dihydro-2H-1, 4 -benzoxazin-2-yl)methoxyphenyl]-2-ethoxypropenoate (1.5 g, 3.17 mmol) obtained in example 24 by an analogous procedure to that described in example 2.

1 'H NMR (CDCl 3 200 MHz): 1.17 J 7.0 Hz, 3H), 2.96 J 6.6 Hz, 2H), 3.31 3.57 (complex, 3H), 3.60 3.70 (complex, 1H), 3.71 3H), 3.97 4.26 (complex, OO 3H), 4.47 J 4.0 Hz, 2H), 4.56 4.61 (complex, 1H), 6.68 6.90 (complex, 6H), 7.15 S J 8.5 Hz, 2H), 7.29 C" Example 26 O 3-[4-[2-(2,3-Dihydro-1,4-benzoxazin-4-yl)ethoxy]phenyl]-2-ethoxypropanoic acid

SCOOH

(CH

2 )7-O OEt To a solution of methyl 3-[4-[2-(2,3-dihydro-1,4-benzoxazin-4-yl)ethoxy]phenyl]- 2-ethoxy propanoate (4.7 g, 12.2 mmol) obtained in example 2 in methanol (50 mL) was added aqueous 10 sodium hydroxide (28 mL). The mixture was stirred at 25 OC for 3h.

The solvent was removed under reduced pressure and the residue was acidified with 2N hydrochloric acid extracted with ethyl acetate (2 x 100 mL). The combined ethyl acetate layers were washed with water (75 mL), brine (50 mL), dried (Na 2

SO

4 filtered and the solvent was evaporated under reduced pressure. The residue was chromatographed over silica gel using ethyl acetate to give the title compound (3.0 g, 66 as a syrupy liquid.

'H NMR (CDCl 3 200 MHz): 1.17 J= 6.96 Hz, 3H), 2.85 3.12 (complex, 2H), 3.40 3.61 (complex, 4H), 3.69 J 5.72 Hz, 2H), 4.04 (dd, J 7.38 and 4.27 Hz, 1H), 4.10 4.28 (complex, 4H), 6.52 6.85 (complex, 6H), 7.14 J= 8.6 Hz, 2H), COOH proton is too broad to observe.

Example 27 3-[4-[2-(2,3-Dihydro-l,4-benzoxazin-4-yl)ethoxy]phenyl]-2-ethoxypropanoic acid, sodium salt -57- C(N COONa (C-1)2 Y A mixture of 3-[4-[2-(2,3-dihydro-1I,4-benzoxazin-4-yl)ethoxylphenyl]-2- 0C) ethoxypropanoic acid 15 g, 0.4 mimol) obtained in example 26 and sodium methoxide (23.4 mg) in methanol (5 mL) was stirred at 25 "C for 2h. The solvent was removed and the residue was triturated with dry ether (3 x 10 mL). The precipitated solids were filtered, washed with dry ether (2 x 5 mL) and dried over P 2 0 5 under vacuum to afford the title compound 12 g, 75 as a colorless hygroscopic solid.

'H NMR (DMSO-d 6 200 MHz).: 8 0.98 (tr J 6.83 Hz, 3H), 2.60-2.69 (complex, 1W), 2.78 2.92 (complex, IH), 3.05 3.21 (complex, 2H), 3.41 3.75 (complex, 5H), 4.08 4.21 (complex, 4H), 6.49 -6.85 (complex, 6H), 7.12 J =8.3 Hz, 2H).

Example 28 3-[2-(2,3-Dibydro-1 4 -benzoxazin-4-yI)methylbenzofuran-..yIj-2ethoxy-propanoic acid

COOH

The title compound (0.5 g, 8.7 was prepared as a gummy material from methyl 3- -dihydro- 1,4-benzoxazin-4-yl)methyI benzofuran-5-yl-2-ethoxypropanoate (0.6 g, 1.51 mmol) obtained in example 5 by a procedure analogous to that described for example 26.

'H NMR (CDCI 3 200 MHz) 8: 1.26 J 7.06 Hz, 3H4), 3.05 3.28 (complex, 2H), 3.40 3.68 (complex, 4H), 4.09 (dd, J 7.47 and 4.24 Hz, I1H), 4.28 J 4.15 Hz, 2H), 4.53 2H), 6.52 1W), 6.60 -6.90 (complex, 4H), 7.13 J 8.7 Hz, I1H), 7.32 -58- N 7.36 (complex, 2H), COOH proton is too broad to observe.

Example 29 3 -[4-2-(2,3-Dihydro-1,4-benzothiazin-4-yl)ethoxyjphenyl]-2-ethoxypropanoic acid

COOH

N

C (CH-O OEt The title compound (1.4 g, 63 was prepared as a gummy material from methyl 3-[4-[2-(2,3-dihydro-1, 4 -benzothiazin-4-yl)ethoxy]phenyl]-2-ethoxypropanoate (2.3 g, 5.73 mmol) obtained in example 6 by a procedure analogous to that described for example 26.

'H NMR (CDCl 3 200 MHz) 8 1.18 J 7.0 Hz, 3H), 2.82 3.15 (complex, 4H), 3.40 3.68 (complex, 2H), 3.70 3.81 (complex, 4H), 4.05 (dd, J 7.29, 4.33 Hz, 1H), 4.16 J 5.72 Hz, 2H), 6.68 6.74 (complex, 2H), 6.81 J= 8.5 Hz, 2H), 6.94 7.06 (complex, 2H), 7.14 J 8.5 Hz, 2H). COOH proton is too broad to observe.

Example 3-[4-[2-(2,3-Dibydro-1,4-benzothiazin-4-yl)ethoxy phenyll-2-ethoxypropanoic acid,sodium salt

S

COONa

(CH

2 -O OEt The title compound (0.42 g, 81 was prepared as a colorless solid from 3-[4-[2-(2,3-dihydro-1, 4 -benzothiazin-4-yl)ethoxyphenyl]-2-ethoxypropanoic acid (0.5 g, 1.30 mmol) obtained in example 29 by an analogous procedure to that described for example 27.

'H NMR (CDC3, 200 MHz): 5 0.98 J 7.0 Hz, 3H), 2.72 3.25 (complex, 3.30 3.51 (complex, 1H), 3.61 3.73 (complex, 4H), 3.82 3.91 (complex, 1H), 4.04 J 5.72 Hz, 2H), 6.52 6.79 (complex, 4H), 6.91 7.03 (complex, 2H), 7.10 J 8.4 Hz, 2H).

59 Exampile 31 3 -1 4 -1 2 2 3 -Dihydro-1,4-benzotbiazin-4-yl)ethoxyj phenylj-2-ethoxypropanamide

CONH

2

(C;H

2 2 QEt ID 5 A solution of oxalyl chloride (0.28 mL, 3.1 mmol) and 3-[4-[2-(2,3-dihydro-l, 4-benzothiazin-4-yl)ethoxy]phenyl]-2-ethoxypropanoic acid (0.6 g, 1.55 mmol) obtained in example 29 in dry dichioromethane (10 mL) was refluxed for 2 h. The solvent and excess oxalyl chloride were removed under reduced pressure. The residue was dissolved in dichloromethane and stirred with aqueous ammonia (5 mL) for 30 min. The reaction mixture was extracted with chloroform (2 x 25 mL).

The combined chloroform layer was washed with water (25 mL), dried (NaWS 4 filtered, and the solvent was evaporated under reduced pressure. The residue was chromatographed over silica gel using a mixture of ethyl acetate and pet. Ether (7 as an eluent to afford the title compound (0.32 g& 54 as a white solid.

mp :120 -122 'C.

lHNMR (CDCl 3 200 MHz):8 1.15(t, J 6.96 Hz. 3H), 2.81 3.20 (complex, 3.38 3.58 (complex, 2H1), 3.71 3.90 (complex, 4H). 3.91 (dd, J 7.38 and 33 Hz, I 4.16 J 5.58 Hz, 2H), 5.54 (bs, D 2 0 exchangeable, I1H). 6.44 (bs, D 2 0 exchangeable, I 6.59 6.84 (complex, 4H), 6.92 7.19 (complex, 4H).

Example 32 N-Methyl-3-f 4- 12-(2,3-dibydro-1,4-benzothiazin-4-yl)ethoxyI phenylj-2ethoxy-propanamide N CONHCH 3 (L;M2) 2 OE~t To 'an ice cooled solution of 3-[4-[2-(2,3-dihydro-1I,4-benzothiazin-4-yI)ethoxyI 0 phenyl]-2-ethoxypropanoic acid (0.3 g, 0.78 mmol) obtained in example 29 and q' triethylamine (0.162 g, 1.6 mmol) in dry chloromethane (10 mL) was added pivaloyl chloride (0.10 g, 0.86 mmol) and stirring was continued for 30 min at N 0 To the above reaction mixture, methyl amine (40 solution) (0.124 mL) was added at 25 OC and stirring was continued for 1 h at 25 Water (20 mL) was OO added and extracted with ethyl acetate (2 x 20 mL). The combined organic extract l was washed with water (10 mL), brine (10 mL), dried (Na 2

SO

4 filtered and the solvent was evaporated under reduced pressure. The residue was chromatographed Sover silica gel using a mixture of ethyl acetate and pet. ether (1 1) to afford the title compound as a colorless solid. mp 80 82 °C.

1 HNMR (CDC1 3 200 MHz) 8 1.11 J 7.0 Hz, 3H), 2.76 J 4.89 Hz, 3H), 2.81 2.88 (complex, 1H), 3.01 3.12 (complex, 3H), 3.39 3.52 (complex, 2H), 3.70 3.81 (complex, 4H), 3.86 3.91 (complex, 1H). 4.14 J 5.81 Hz, 2H), 6.48 (bs, 1H), 6.61 6.81 (complex, 4H), 6.94 7.14 (complex, 4H).

Example 33 3-[4-[2-(2,3-Dihydro-1,4-benzoxazin-4-yl)ethoxy]phenyll-2-ethoxypropanamide 0

CONH

2

I

O

Et

(CH

2 2 0 The title compound (0.2 g, 80 was prepared as a white solid from dihydro-1,4-benzoxazin-4-yl)ethoxy]phenyl]-2-ethoxypropanoic acid (0.25 g, 0.67 mmol) obtained in example 26 and aqueous ammonia (4 mL) by an analogous procedure to that described in example 31. mp 107 109 °C.

'H NMR (CDC1 3 200 MHz) 8 1.13 J 6.96 Hz 3H), 2.81 2.93 (complex, 1H). 3.03 3.19 (complex, 1H), 3.34 3.59 (complex, 4H), 3.69 J 5.53 Hz, 2H), 3.88 (dd, J 7.43 and 3.7 Hz, 1H), 4.15 J 5.58 Hz, 2H), 4.28 J 4.24 Hz, 2H), 5.49 (bs, 1H, D 2 0 exchangeable), 6.43 (bs, 1H, D 2 0 exchangeable), 6.68 6.87 (complex, 6H), 7.15 J 8.49 Hz, 2H).

-61- C1Exa mple 34 (1)N-Methyl-3-4-[2-(2,3..dihydro.1 4 -benzoxazin-4-yl)ethoxylphenylJ-2..

ethoxy-propanainide 0~

CONHCH

3

(CH

2 2 -o4 ~oa The title compound (0.23 g, 74 was prepared as a white solid from (2,3-dihydro-1 4 -benzoxazin-4-yl)ethoxy]phenylI.2-ethoxypropanoic acid (0.3 g, 0.8 mmol) obtained in example 26 and methylamine (40 solution) 2 mL) by an analogous procedure to that described in example 32. mp :97 99 TC.

'HNMR (CDCI 3 200MHz):6 1.14 (t.J =7.0 Hz.3H), 2.76 (d.J3= 4.98 Hz, 3H), 4.80 4.90 (complex, 11H), 3.02 3.14 (complex, lH), 3.35 3.45 (complex, 2H), 3.52 J 4.57 Hz, 2H), 3.68 J 5.81 Hz. 2H). 7.88 (dd, J 7.06 and 3.74 Hz, IlH), 4.14 J 5.72 Hz, 211), 4.22 J 4.15 H z, 2H), 6.50 (bs, IlH), 5 6.89 (complex, 6H), 7.11 J 8.3 Hz, 2A).

Examnle N-BenzyI-3-I4-[2-(2,3-dibydro-1,4-benzoxazin-4-yl)ethoxyj pbenylI 2 -ethoxy-propanamide I O~tCONHCH 2 -Ph The title compound (0.25 g, 67 was prepared as a white solid from (2,3-dihydro- l, 4 -benzoxazin-4-yl)ethoxy]phenyl].2.ethoxypropanoic acid (0.3 g, 0.8 mmol) obtained in example 26 and benzyl amine (0.095 g, 0.88 mmol) by a procedure analogous to that described in example 32. mp 94 96 TC.

'H NMR (CDC1 3 200 MHz): 8 1.11 J 7.0 Hz, 3H), 2.82 3.18 (complex, 2H), 3.40 3.55 (complex, 4H), 3.70 J 5.49 Hz, 2H), 3.94 3.98 (complex, lH), 4.14 J 5.72 Hz, 2H), 4.23 J 4.24 Hz, 2H), 4.28 4.52 (complex, 2H1), 6.60 6.87 (complex, 6H), 7.06 7.32 (complex, 7H). CONH proton is too -62- N broad to observe.

Example 36 N-BenzyI-3-14-12-(2,3-dibydro-1 ,4-benzothiazn4-yl)ethoxyI phenylj-2-ethoxy-.

c-i propanamide 00

CNHCH

2 -Ph

N

(CH-0.

The title compound (0.22 g, 74 was prepared as a white solid from Ni (2,3-dihydro- l, 4 -benzothiazn-4-yl)ethoxy]phenyl]p2..ethoxypropanoic acid (0.25 g, 0.65 mmol) obtained in example 29 and benzylamine (0.076 g, 0.71 mniol) by an analogous procedure to that described in example 32. mp 92 93 'C.

'H NMR (CDCI 3 200 MHz):8 1.15 J =7.0 Hz 3H). 2.88 3.20 (complex. 4H), 3.42 3.60 (complex, 2H1), 3.73 3.87 (complex, 4H), 3.98 4.06 (complex, IlH), 4.18 J 5.72 Hz, 2H), 4.30 -4.56 (complex, 2H), 6.61 6.90 (complex, 4H), 7.00 7.43 (complex, 9H), CONH proton is too broad to observe.

Example 37 2-Methyl-3- [4-[2-(2,3-dihydro-1 ,4-benzoxazin-4-yl)ethoxyJ phenylJ-2-ethoxypropanoic acid

CH

3 N 2 Q) -COOH The title compound (0.3 g, 62 was prepared as a gummy liquid from methyl 2methyl-3-[4-[2-(2,3-dihydro-1I, 4 -benzoxazin-4-yl)ethoxy~phenylI-:2-ethoxypropanoate (0.5 g, 1.2 mmol) obtained in example 7 by an analogous procedure to that described in example 26.

'H NMR (CDC1 3 200 MHz) 8:1.24 (complex, 6H), 2.98, 3.04 (IH each, 2d, J 14.1 Hz each), 3.51 J =4.25 Hz,2H4), 3.49 3.71 (complex,414), 4.15 (t,J 5.63 Hz, 2H), 4.22 J 4.48 Hz, 2H), 6.60 6.87 (complex, 6H), 7.07 J 8.67 Hz, 2H), COOH proton is too broad to observe.

63 Example 38 2-Methyl-3-[4-[2-(2,3-dihydro-1, 4 -benzoxazin-4-yl)ethoxyphenyl]-2-ethoxypropanoic acid, sodium salt

CH

3 00 N COONa

(CH

2 2 0 OEt The title compound (0.12 g, 51 was prepared as a white solid from 2-methyl-3-

NO

[4-[2-(2,3-dihydro-1, 4 -benzoxazin-4-yl)ethoxylphenyl]-2-ethoxypropanoic acid (0.22 g, 0.57 mmol) obtained in example 37 by an analogous procedure to that described in example 27.

'H NMR (DMSO-d 6 200 MHz) 8 0.96 1.08 (complex, 6H), 2.79 2H), 3.28 3,52.(complex, 4H), 3.64 J 5.3 Hz, 2H), 4.05 4.19 (complex, 4H), 6.48 6.59 (complex, 1H), 6.62 6.86 (complex, 4H), 7.03 7.28 (complex, 3H).

Example 39 2-(2-Fluorobenzyl)-3-[4-[2-(2,3-dihydro-1,4-benzoxazin-4-yl) ethoxy] phenyl]-2-ethoxypropanoic acid

OF

CH

2

NCOOH

(CH

2 2 -0o OEt The title compound (0.25 g, 42 was prepared as a gummy liquid from methyl 2-(2-fluorobenzyl)-3-[4-[2-(2,3-dihydro-1,4-benzoxazin-4-yl)ethoxy]phenyl]-2ethoxy-propanoate (0.6 g, 1.2 mmol) obtained in example 8 by an analogous procedure to that described in example 26.

'H NMR (CDCl 3 200 MHz): 8 1.12 J 6.82 Hz, 3H), 1.65 (bs, 1H, D 2 0 exchangeable), 3.11 3.42 (complex, 4H), 3.50 J 4.34 Hz, 2H), 3.68 J 5.67 Hz, 2H), 3.70 3.89 (complex, 2H), 4.14 J 5.67 Hz, 2H), 4.21 J= 4.15 Hz, 2H), 6.62 6.86 (complex, 6H), 7.03 7.12 (complex, 4H), 7.18 7.30 (complex, 2H).

-64- Example 2-(2-Fluorobenzyl)-3-[4-[2-(2,3-dihydro-1,4-benzoxazin-4-yl)ethoxyl phenylj-2ethoxypropanoic acid, sodium salt 0

F

II Q

(CH

2 OEt S 5 The title compound (0.11 g, 48 was prepared as a white solid from 2-(2fluorobenzyl)-3-[4-[2-(2,3-dihydro-1, 4 -benzoxazin-4-yl)ethoxy]phenyl]-2-ethoxy propanoic acid (0.22 g, 0.45 mmnol) obtained in example 39 by an analogous procedure to that described in example 27.

'H NMR (CDCl 3 200 MHz): 8 1.02 J 6.65 Hz, 3H), 2.75 -2.92 (complex, 4H), 3.39 3.58 (complex, 4H), 3.62 (bs, 2H), 4.04 4.20 (complex, 41H1), 6.49 6.82 (complex, 5H), 6.90 7.28 (complex, 6H), 7.49 7.13 (complex, IH).

Example 41 3-[4-[2-(3-Oxo-2H-1,4-benzoxazin-4-yl)ethoxyjphenyll-2-ethoxypropanoic acid:

,O

N O

COOH

OE

The title compound (0.75 g, 77 was prepared as a white solid from methyl 3-[4- [2-(3-oxo-2H-1, 4 -benzoxazin-4-yl)ethoxy]phenyl]-2-ethoxypropanoate (1.0 g, mmol) obtained in example 10 by a procedure analogous to that described in example 26. mp 90 03 'C.

'H NMR (CDCl 3 200 MHz): 8 1.18 J 6.96 Hz, 3H), 2.88 3.13 (complex, 2H), 3.41 3.63 (complex, 2H), 4.06 (dd, J 7.43 and 4.33 Hz, 1H), 4.25 4.52 (complex, 4H), 4.61 2H1), 6.80 J 8.62 Hz, 2H), 7.00 7.34 (complex, 6H).

COOH proton is too broad to observe.

65 rJ"I Example 42 3-[4-[2-(3-Oxo-2H-1 ,4-benzoxazin-4-yl)etboxyj phenyl]-2-etboxypropanoic acid, sodium salt COONa 00

(C.H

2 2 0 O t The title compound (0.12 g, 56 was prepared as a white solid from oxo-2H-l 4 -benzoxazin- 4 -yl)ethoxy]phenyl]-2..ethoxypropanoic acid (0.2 g, 0.51 mmol) obtained in example 41 by an analogous procedure to that described in example 27.

'H NMR (CDCl 3 200 MHz): 8 0.99 J 6.97 Hz. 2.61 -2.80 (complex, 2H), 3.32 3.57 (complex, I 3.60 3.72 (complex, I 3.65 3.70 (complex, I 4.18 (bs, 2H), 4.30 (bs, 2H), 4.68 2H1), 6.78 J =8.4 Hz, 2H), 7.03 7.14 (complex, 5 7.42 J1 7.06 Hz, IlH).

Example 43 3-[6-f 2-(2,3-Dibydro-1 ,4-benzothiazin-4-yl)ethoxylnaphthyl] -2-ethoxypropanoic acid N COOH

(CH

2 2 OEt The title compound (0.8 g, 69 was prepared as a white solid from methyl 3-[6-[2-(2,3-dihydro- 1 4 -benzothiazin-4.yl)ethoxylnaphthyl]-2ethoxypropanoate (1.2 g, 2.66 mmol) obtained in example 12 by an analogous procedure to that described in example 26. mp :102.- 104 'C.

'HNMR (CDCI 3 200 MHz): :81. 15 J 7.01 Hz, 3H1), 3.06 J 4.98 Hz, 3.08 3.63 (complex, 4H), 3.77 3.83 (complex, 4H), 4.15 (dd, J 4.15 and 4.18 Hz, 1H), 4.28 J 5.95 Hz, 2H), 6.59 -6.79 (complex, 2H), 6.96 7.36 (complex, 5H), 7.61 7.79 (complex, 311). COOH proton is too broad to observe.

66 CI Example 44 3-[6-[2-(2,3-Dihyd ro-I 4-benzothiazin-4-yI~ethoxy~naphthylI *2-ethoxypropanoic acid, sodium salt COO Na 00 N00 (CH~-O Et The title compound 16 g, 76 was prepared as a white solid from 3 (2,3-dihydro- 1 ,-benzothiazin-4-yl)ethoxy]naphthyq]-2.ethoxypropanoic acid (0.2 g, 0.45'7 mmol) obtained in example 43 by an analogous procedure to that described in example 27. mp: 138 140 *C.

I H NMR (DMSO-d 6 200 MHz): 8 0.98 J =7.06 Hz. 3H), 2.72 2.90 (complex.

1H), 2.92 3.21 (complex, 3H), 3.32 3.54 (complex, 2H). 3.61 3.91 (complex, 4.28 (bs, 2H), 6.56 J 7.00 Hz, IH), 6.73 7.00 (complex, 3H), 7.05 -7.30 (complex, 2H), 7.38 J 8.3 Hz, I 7.60 7.82 (complex, 3H).

Example 3 4 2 2 ,3-Dihydro-1,4-benzoxazin-4-yl)ethoxy pbenylj-2-hydroxypropanoic acid N

COOH

(OH

2 2 0 0H The title compound (0.06 g, 43 was prepared as a brown syrupy liquid from ethyl 3-[4-[2-(2,3-dihydro- l, 4 -benzoxazin-4.yl)ethoxy]phenyl]y2hydroxypropanoate (0.15S g, 0.40 mmol) obtained in example 13 by an analogous procedure to that described in example 26.

'H NMR (CDC1 3 .200 MHz): 8 2.85 3.19 (complex, 2H), 3.43 J 4.15 Hz, 2H), .3.61 J 5.49 Hz, 2H), 4.07 J =5.40 Hz, 2H), 4.16 J 4.48 Hz, 2H), 4.45 (bs, 1H), 6.50 '6.82 (complex, 6H), 7.08 J 7.88 Hz, 2H). COOH and OH protons are too broad to observe.

67 (Nj Example 46 3-41-23Dhdo14beztizn4y~toyphenyll-2-hydroxypropanoic acid

COOH

The title compound (0.7 g, 46 was prepared as a white solid from ethyl 3-[4- [2-(2,3-dihydro- l, 4 -benzothiazin-4-yl)ethoxy~phenyly2-hydroxypropanoate (1.7 g, 4.39 mniol) obtained in example 14 by a procedure analogous to that described in example 26. mp 74 76 'C.

'H NMR (CDCl 3 200 MHz): 852.88 37.18 (complex, 4H), 3.69 3.79 (complex, 4H), 4.15 J =5.72 Hz, 2H), 4.45 (dd, J 6.7 3 and 4.79 Hz, I1H), 4.51 4.97 (bs, D 2 0 exchangeable, 1H), 6.65 6.89 (complex, 4H), 6.94 7.17 (complex, 4H), COOH proton is too broad to observe.

Example 47 3-14- [2-(2,3-Dihydro-1 ,4-benzoxazin-4-yl)ethoxyl phen3ll -2-benzyloxypropanoic acid N)

COOH

(LC H 22 -04EI OBn The title compound (0.15 g, 67 was prepared as a thick liquid from ethyl 3- [4-[2-(2,3-dihydro- 1 4 -benzoxazin-4-yl)ethoxy~phenyl]2benzyloxypropanoate (0.24 g, 0.52 mmol) obtained in example 15 by a procedure analogous to that described in example 26.

'H NMR (CDCl 3 200 MHz): 85 1.40 2.80 (br, IH, D 2 0 exchangeable), 2.99- 3.18 (complex, 2H), 3.51 J =4.34 Hz, 2H), 3.70 J 5.82 Hz, 2H). 4.13 4.24 (complex, 5H), 4.51 J =17.0 Hz, 2H), 6.60 6.89 (complex, 6H), 7. 10 7.37 (complex, 7H).

68 Example 48 3-4[-23Dhdo14bnoain-lehx~hnl--ez'oy propanoic acid, sodium salt N COONa The titl OBn Thetitlecompound (0.1 g, 73 was prepared as a cream colored hygroscopic solid from 3-[4-[2-(2,3-dihydro-1I,4-benzoxazin-4-yl)ethoxylphenyl] -2-benzyloxypropanoic acid 13 g, 0.30 mmol) obtained in example 47 by a procedure analogous to that descr *ibed in example 27.

'H NMR (DMSQ-d 6 ,'200 MHz): 8 2.62 -2.74 (complex, IlH), 2.89 2.98 (complex, IH), 3.48 J =4.2 Hz, 2H), 3.67 J =5.48 Hz, 2H), 4.12 4.26 (complex, 4.65 J 12.45 Hz, 2H), 6.45 6.84 (complex, 6H), 7.12 7.25 (complex, 7H).

Example 49 [2-(2,3-Dihydro-I ,4-benzoxazin-4-yl)ethoxyj phenylJ-2-butoxypropanoic acid 0 )Y

COH

(CH

2 2 -0 (CH2)CH 3 The title compound (0.25 g, 67 was prepared as a syrupy liquid from ethyl 3-[4-[2-(2,3-dihydro- 1, 4 -benzoxazin-4-yl)ethoxy]phenyll-2-butoxypropanoate (0.4 g, 0.93 mmol), obtained in example 16 by an analogous procedure to that described in example 26.

'H NMR (CDCI 3 200 MHz) :5 0.87 J 7.15 Hz, 3H1), 1.25 1.40 (complex, 2H), 1.49 1.66 (complex, 2H), 2.95 3.15 (complex, 2H), 3.43 3.53 (complex, 4H). 3.68 J 5.49 Hz, 2H), 4.00 -4.12 (complex, 1H), 4.14 J 5.65 Hz, 2H), 4.22 J 4.25 Hz, 2H), 6.60 6.89 (complex, 6H), 7.12 J 8.39 Hz, 2H). COOH proton is too broad to observe.

-69- Examnle 3-[ 4 -1[2-(2,3-Dihydro-1,4-benzoxazin-4-yl)ethoxyj phenyll-2-butoxypropaioic acid, sodium salt COONa 00 N3 tLA12)2Ua I 5 The title compound (0.12 g, 57 was prepared as a hygroscopic cream colored solid from 3-[4-[2-(2,3-dihydro-1 ,4-benzoxazin-4-yl)ethoxy]phenyl]-2-butoxypropanoic acid (0.2 g, 0,5 mmol) obtained in example 49 by an analogous procedure to that described in example 27.

'H NMR (DMSO-d 6 200 MHz): 8 0.78 J 7.06 Hz. 3H). 1.16 1.56 (complex, 4H), 2.52 2.64 (complex, 1H), 2.79- 2.87 (complex, 1IH), 2.99 3.18 (complex, 2H), 3.40 (bs, 2H), 3.66 J= 5.31 Hz, 2H). 4.10 4.25 (complex, 6.52 6.90 (complex, 6H), 7.12 J 8.3 Hz, 2H).

Example 51 3-14-[2-(2,3-Dihydro-1,4-benzoxazin-4-yl)ethoxy] phenylj-2-hexyloxypropanoic acid 0 N COOH I NN (CH2)2-0 O(CH2)CH The title compound (0.17 g, 60 was prepared as a greenish liquid from ethyl 3-[4-[2-(2,3-dihydro-1 4 -benzoxazin-4-yl)ethoxy]plhenyl-2hexyloxypropanoate (0.3 g, 0.65 mmol) obtained in example 17 by a procedure analogous to that described in example 26.

'H NMR (CDCl 3 200 MHz): 8 0.86 J 5.72 Hz, 3H), 1.25 1.33 (complex, 4H), 1.41 1.75 (complex, 4H), 2.94 3.06 (complex, 2H), 3.36- 3.58 (complex, 4H), 3.68 J 5.49 Hz, 2H), 4.01 4.06 (complex, 1H), 4.14 J 5.7 Hz, 2H), 4.22 J 4.15 Hz, 2H), 6.71 7.08 (complex, 6H), 7.12 J= 8.4 Hz, 2H). COOH proton is too broad to observe.

70 rJ"I Example 52 3

-I

4 -12-( 2 3 -Dihydro-1,4-benzoxazin4-yl)ethoxylphenyI- 2 -hexylIoxypropanoic acid, sodium salt COONa (CH)-O O(CH 5CH 3 The title compound 1 g, 52 was prepared as a white hygroscopic solid from -dihydro- 1, 4 -benzoxaz.in-4-yl)ethoxy~phenyl]-2-hexyoxypropanoic acid 18 g, 0.42 mmol) obtained in example 51 by an analogous procedure to that described in example 27.

'H NMR (DMSO-d 6 200 MHz): 8 0.82 J 5.72 Hz. 3H), 1.10 -'1.45 (complex, 2.75 2.96 (complex, 2H), 3.35 3.56 (complex, 3.67 J 5.3 Hz, 2H), 4.08 4.21 (complex, 5H), 6.50 6.82 (complex, 6H), 7.12 J =8.0 Hz, 2H).

Example 53 3-[4-[2-(2,3-Dihydro-I ,4-benzoxazin-4-yl)ethoxyj phenylj-2-phenoxypropanoic acid

COOH

0 OPh (C H 2 ja ""O The title compound 1 g, 53 was prepared as a colorless liquid from methyl 3-[4-[2-(2,3-dihydro-1I, 4 -benzoxazin-4-yl)ethoxy]phenyl]2phenoxypropanoate (0.2 g, 0.461 mmol) obtained in example 19 by an analogous procedure to that described in example 26.

'H NMR (CDCI 3 200 MHz) 8 2.40 -2.80 (bs, I H, D 2 0 exchangeable), 3.22 J 5.8 Hz, 2H), 3.49 J 4.25 Hz, 2H), 3.67 J 5.81 Hz, 2H), 4.14 J 5.81 Hz, 2H), 4.21 J 4.16 Hz, 2H), 4.82 J =5.9 Hz, I 6.61 7.02 (complex, 7.17 7.30 (complex, -71 N Example 54 [2-(2,3-Dihydro-1 4 -benzothiazin-4-yl)ethoxyj phenyll-2-phenoxypropanoic acid

OCOOH

00N The title compound (0.2 g, 51 was prepared as a gummy solid from methyl 3-(4-[2-(2,3-dihvdro- 1 4 -benzothiazin- 4 -yl)ethoxy]phenyly2-phenoxypropanoate (0.4 g, 0.9 mmol) obtained in example 21 by a procedure analogous to that described in example 26.

'H NMR (CDC1 3 200 MHz): 8 3.02 J =5.0 Hz. 2H), 3.22 J 6.25 Hz, 2H), 3.68 3.78 (complex, 4H), 4.14 J =5.81 Hz, 2H), 4.50 (t7 6.19 Hz. IlH), 4.90 5.40 IlH, D20 exchangeable), 6.58 6.86 (complex, 7H), 6.94 7.07 (complex, 2H), 7.18 7.29 (complex, 4H).

Example 3. 4 2 2 3 -dihydro-1,4-benzoxazin-4yl)ethoxyphenyll.2phenoxy.

propanoic acid, sodium salt c~Q 0 COONa The title compound (0.05 g, 48 was prepared as a hygroscopic solid from 3-[4-[2-(2,3-dihvdro-1I, 4 -benzoxazin-4-yI)ethoxylphenyly2-phenoxypropanoic acid (0.1 g, 0.24 numol) obtained in example 53 by a procedure analogous to that described in example 27.

'H NMR (DMSO-d 6 200 MHz) -8 2.81 3.09 (complex, 2H), 3.42 (bs, 2H), 3.65 J =4.5 Hz, 2H), 4.12 (bs, 4H), 4.22 4.32 (complex, I 6.50 6.92 (complex, 8H), 7.10 7.33 (complex, 72 Exam~le 56 Methyl 2-methyl -3-14-12-( 2 3 -dihydro-1,4.benzoxazin.-.yl)ethoxylphenylJ 2 -phenoxypropanoate

CH

3

COOCH

3 (1 5 The title compound (0.27 g, 87 was prepared as a syrupy liquid from methyl 3-[4-[2-(2,3-dihydro- 1 4 -benzoxazin-4-ylI)ethoxylphenyll2-phenoxypropanoate (71 (0.3 g, 0.69 mmol) obtained in example 19 by an analogous procedure to that described in example 7.

'H NMR (CDC1 3 200 MHz) 8 1.39 3 3.09, 3.26 (1 H each. 2d. J 13.7 Hz each), 3.51 J 4.3 Hz, 211), 3.66 -3.73 (complex, 5H), 4.15 J 5.5 Hz, 2H), 4.22 J 4.24 Hz, 2H), 6.61 7.01 (complex, 9 7.12 7.22 (complex, 4H).

Exampnle 57 2-ehl3-41-2 -iyr-, 4 -benzoxazin 4 -yl)ethoxy~phenyl..2.phenoxy.

propanoic acid

CH

3

COOH

(CH

2 2 -O 0 The title compound 13 g, 50 was prepared as a pale yellow hygroscopic solid from methyl 2 -methyl-3-[4-[2-(2,3-dihydro- 1,4-benzoxazin-4-yl)ethoxy] phenyl)-2-phenoxypropanoate (0.27 g, 0.60 mmol) obtained in example 56 by a procedure analogous to that described in example 26.

'HNMR(CDC

3 200 MHz): :8 1.42 3H), 3.12, 3.29 (1Heach, 2d, J= 14.1 Hz each), 3.50 J 4.5 Hz, 2H), 3.69 J 5.6 Hz, 2H), 4.16 J 5.81 Hz, 2H), 4.22 J 4.5 Hz, 2H), 6.62 7.17 (complex, 9H), 7.21 7.30 (complex, 4H). COOH proton is too broad to observe.

73 rJ~i Example 58 2 -Methyl- 3 -1 4 2 -(2,3..dihydro..1,4..benzoxazinA..yl)ethoxyl eyl2peoy propanoic acid, sodium salt 00 NOONa

(CH

2 2 -O 0 The title compound (0.055 g, 46 was pre pared as a hygroscopic pale yellow *powder from 2 -methyl-3-[4-[2-(2,3-dihydro I ,4-benzoxazin-4-yl)ethoxy]phenylp..

phenoxypropanoic acid 13 g, 0.28 mmol) obtained in example 57 by a procedure analogous to that described in example 27.

'H NMR (CDCl 3 ,200 MHz) :56 1. 15 3H), 2.99 3.21 (complex, 2H), 3.47 (bs, 2H), 3.67 (bs, 2H), 4.14 (bs, 4H), 6.53 6.9 (complex. 9H), 7.08 7.30 (complex, 4H).

Example 59 Methyl 2-methyl-3-[4-[2-(2,3.dihydro.1 ,4-benzothiazin-4-yl)ethoxyphenyl-2phenoxypropanoate

CH

3 NO COOCH 3 (OH 'r 2 )rVj0 C*P h The title compound (0.96 g, 93 was prepared as a pale yellow liquid from methyl 3-[4-[2-(2,3-dihydo-1I, 4 -benzothiazin-4-yl)ethoxy]phenylj-2-phenoxypropanoate (1.0 g, 2.22 mmol) obtained in example 21 by an analogous procedure to that described in example 7.

'H NMR (CDC1 3 200 MHz): 8 1.40 3H), 3.03(1, J =4.9 Hz, 2H), 3.09. 3.27 (IlH each, 2d, J 13.7 Hz each), 3.70 3.85 (complex, 7H1), 4.16 J 5.81 Hz, 2H), 6.60 6.89 (complex, 6H), 6.96 7.30 (complex, 7H).

Example 2-Methyl-3-[4-[2-(2,3-dihydro-1 ,4-benzothiazin-4-yl) etboxyj phenylj-2-phenoxypropanoic acid 74

CH

3 N

COOH

(CHzO 0 The title compound (0.6 g, 65 was prepared as a syrupy liquid from methyl 00 2-methyl-3-114-[2-(2,3-dihydro-ly 4 -benzothiazin-4-yl)ethoxy]pheny]-2-phenoxy.

propanoate (0.96 g, 2.00 mmol) obtained in example 59 by an analogous procedure N 5 to that described in example 26.

'H NMR (CDCl 3 200 MHz): 8 1.42 3H), 3.03 (t,JI= 5.0 Hz, 2H), 3.12, 3.30 (1 H each, 2d, J1 13.8 Hz each), 3.70 -3.80 (complex, 4H), 4.15 J Hz, 2H), 6.58 -7.08 (complex, 8H). 7.18 -7.30 (complex, 5H), COOH proton is too broad to observe.

Example 61 4-Nitrophenyl 3- 14-[2-(2,3-dihydro-1 ,4-benzothiazin-4.yl)ethoxylphenyll -2-ethoxypropanoate:

(CH

2 )Z-O Et The title compound (0.15 g, 38 was prepared as a yellow liquid from (2,3-dihydro- 1,4-benzothiazin-4-yl)ethoxy]phenvl]-2-ethoxypropanoic acid (0.3 g, 0.77 mmol) obtained in example 29 and 4-nitrophenol by an analogous procedure to that described in example 32.

'H NMR (CDC1 3 200 MHz): :8 1.24 J 6.92 Hz, 3H), 3.04 J 5.16 Hz, 2H), 3.12 J 6.63 Hz, 2H), 3.46 3.65 (complex, lH), 3.70 3.86 (complex, 5H), 4.16 J 5.23 Hz, 2H), 4.26 J 5.5 Hz, I 6.62 6.74 (complex, 2H), 6.84 J 8.62 Hz, 2H), 6.94 7.22 (complex, 6H), 8.23 J =9.0 Hz, 2H).

Example 62 3-14-(4-Benzvl-3,4-dihydro-211-1 ,4-benzoxazin-2-yl)methoxyphenyll-2-ethoxypropanoic acid

CHN

2 Ph 00 The title compound (0.4 g, 57 was prepared as a syrupy liquid from methyl 3- [4-(4-benzyl-3,4-dihydro-2H- 1, 4 -benzoxazin- 2 -yl)methoxyphenyl]-2..ethoxypropanoate (Ni (0.8 g, 2.16 mmol) obtained in example 25 by an analogous procedure to that 0 5 described in example 26.

NMR (CDCI 3 200 MHz): 8 1.17 (t,J3= 7.0Hz, 3H), 2.99 -3.13 (complex, 2H), 3.31 3.65 (complex, 4H), 4.01 4.24 (complex, 3H), 4.45 J 3.4 Hz4 2H), 4.52 4.59 (complex, lH), 6.62 6.68 (complex, 6H), 7.14 J 8.6 Hz, 2H), 7.27 COOH proton is too broad to observe.

Example 63 3-[4-(4-Benzyl-3,4-dihydro-2H-1 ,4-benzoxAzin-2-yl)methoxyphenylJ-2-ethoxypropanoic acid, sodium salt COONa 0 OEt The title compound 15 g, 75 was prepared as a colorless hygroscopic solid from 3-[4-(4-benzyl-3 ,4-dihydro-2H- 1,4-benzoxazin-2-yl)methoxyphenyl]-2-ethoxypropanoic acid (0.2 0.44 mmol) obtained in example 62 by an analogous procedure to that described in example 27.

'H NMR (DMSO-d 6 200 MHz) 8 0.99 J =6.97 Hz, 3H), 2.60 2.90 (complex, 3.30 3.65 (complex, 5H), 4.16 J 5.0 Hz, 4.40 4.65 (complex, 3H), 6.55 6.89 (complex, 6H), 7.14 J 8.5 Hz, 2H), 7.32 Example 64 4-Nitrophenyl-3-14-(4-benzyl-3,4.dihydro-21-1 ,4-benzoxazin-2-yl)methoxyphenylj-2-ethoxypropanoate -76- 00 CH 2 Ph The title compound (0.6 g, 100 was prepared as a dark brown liquid from 3-[4 -(4-benzyl-3,4-dihydro-2H-1, 4 -benzoxazin-2-yl)methoxyphenyl]-2-ethoxypropanoic acid (0.5 g, 1.34 mmol) obtained in example 62 and 4-nitro phenol by a procedure Cr 5 analogous to that described in example 32.

'HNMR (CDCI 3 200 MHz) S 1.25 J 7.0 Hz. 3H), 3.14 J 6.6 Hz, 2H), 3.33 3.55 (complex, 3H), 3.69 3.77 (complex, 1H), 4.05 4.31 (complex, 3H), 4.46 J 3.4 Hz, 2H), 4.55 4.61 (complex, 1H), 6.63 6.68 (complex, 6H), 7.11 7.28 (complex, 7H), 7.52 J 7.6 Hz, 2H), 8.23 J 9.0 Hz, 2H).

The compounds of the present invention lowered random blood sugar level, triglyceride, total cholesterol, LDL, VLDL and increased HDL. This was demonstrated by in vitro as well as in vivo animal experiments.

Demonstration of Efficacy of Compounds A) In vitro: a) Determination of hPPARot activity Ligand binding domain ofhPPARa was fused to DNA binding domain of Yeast transcription factor GAL4 in eucaryotic expression vector. Using superfect (Qiagen, Germany) as transfecting reagent HEK-293 cells were transfected with this plasmid and a reporter plasmid harboring the luciferase gene driven by a GAL4 specific promoter.

Compound was added at different concentrations after 42 hrs of transfection and incubated overnight. Luciferase activity as a function of compound binding/activation capacity of PPARa was measured using Packard Luclite kit (Packard, USA) in Top Count (Ivan Sadowski, Brendan Bell, Peter Broag and Melvyn Hollis. Gene. 1992. 118: 137 -141; Superfect Transfection Reagent Handbook. February, 1997. Qiagen, Germany).

b) Determination of hPPARY activity -77- N Ligand binding domain of hPPARyl was fused to DNA binding domain of Yeast Stranscription factor GAL4 in eucaryotic expression vector. Using lipofectamine (Gibco BRL, USA) as transfecting reagent HEK-293 cells were transfected with this plasmid and CN a reporter plasmid harboring the luciferase gene driven by a GAL4 specific promoter.

Compound was added at 1 pM concentration after 48 hrs oftransfection and incubated o0 overnight. Luciferase activity as a function of drug binding/activation capacity of t PPARyl was measured using Packard Luclite kit (Packard, USA) in Packard Top Count (Ivan Sadowski, Brendan Bell, Peter Broag and Melvyn Hollis. Gene. 1992. 118 137 141; Guide to Eukaryotic Transfections with Cationic Lipid Reagents. Life Technologies, GIBCO BRL, USA).

c) Determination of HMG CoA reductase inhibition activity Liver microsome bound reductase was prepared from 2% cholestyramine fed rats at mid-dark cycle. Spectrophotometric assays were carried out in 100 mM KH2PO 4 4 mM DTT, 0.2 mM NADPH, 0.3 mM HMG CoA and 125 pg of liver microsomal enzyme. Total reaction mixture volume was kept as 1 ml. Reaction was started by addition of HMG CoA. Reaction mixture was incubated at 37 OC for 30 min and decrease in absorbance at 340 nm was recorded. Reaction mixture without substrate was used as blank (Goldstein, J. L and Brown, M. S. Progress in understanding the LDL receptor and HMG CoA reductase, two membrane proteins that regulate the plasma cholesterol. J.

Lipid Res. 1984, 25: 1450 1461). The test compounds inhibited the HMG CoA reductase enzyme.

B) In vivo a) Efficacy in genetic models Mutation in colonies of laboratory animals and different sensitivities to dietary regimens have made the development of animal models with non-insulin dependent diabetes and hyperlipidemia associated with obesity and insulin resistance possible.

Genetic models such as db/db and ob/ob (Diabetes, (1982) 31(1) 1- 6) mice and zucker fa/fa rats have been developed by the various laboratories for understanding the pathophysiology of disease and testing the efficacy of new antidiabetic compounds (Diabetes, (1983) 32: 830-838 Annu. Rep. Sankyo Res. Lab. (1994). 46 1-57). The homozygous animals, C57 BL/KsJ-db/db mice developed by Jackson Laboratory, US, are obese, hyperglycemic, hyperinsulinemic and insulin resistant Clin. Invest., (1990) D -78- C1 962-967), whereas heterozygous are lean and normoglycemic. In db/db model, mouse progressively develops insulinopenia with age, a feature commonly observed in late stages of human type II diabetes when blood sugar levels are insufficiently controlled.

N1 The state of pancreas and its course vary according to the models. Since this model resembles that of type II diabetes mellitus, the compounds of the present invention were O tested for blood sugar and triglycerides lowering activities.

tI Male C57BL/KsJ-db/db mice of 8 to 14 weeks age, having body weight range of NC, 35 to 60 grams, bred at Dr. Reddy's Research Foundation (DRF) animal house, were used S in the experiment. The mice were provided with standard feed (National Institute of Nutrition (NIN), Hyderabad, India) and acidified water, ad libitum. The animals having more than 350 mg dl blood sugar were used for testing. The number of animals in each group was 4.

Test compounds were suspended on 0.25 carboxymethyl cellulose and administered to test group at a dose of 0.1 mg to 30 mg kg through oral gavage daily for 6 days. The control group received vehicle (dose 10 ml kg). On 6th day the blood samples were collected one hour after administration of test compounds vehicle for assessing the biological activity.

The random blood sugar and triglyceride levels were measured by collecting blood (100 pil) through orbital sinus, using heparinised capillary in tubes containing EDTA which was centrifuged to obtain plasma. The plasma glucose and triglyceride levels were measured spectrometrically, by glucose oxidase and glycerol-3-PO4 oxidase/peroxidase enzyme (Dr. Reddy's Lab. Diagnostic Division Kits, Hyderabad, India) methods respectively.

The blood sugar and triglycerides lowering activities of the test compound was calculated according to the formula.

No adverse effects were observed for any of the mentioned compounds of invention in the above test.

-79- Compound Dose (mg/ kg) Reduction in Blood Triglyceride Glucose Level Lowering Example 41 3 53 27 Example 50 3 45 23 Example 44 10 47 74 The ob/ob mice were obtained at 5 weeks of age from Bomholtgard, Demark and were used at 8 weeks of age. Zucker fa/fa fatty rats were obtained from IffaCredo, France at 10 weeks of age and were used at 13 weeks of age. The animals were maintained under 12 hour light and dark cycle at 25 1 OC. Animals were given standard laboratory chow (NIN, Hyderabad, India) and water, ad libitum (Fujiwara, Yoshioka, Yoshioka, T., Ushiyama, I and Horikoshi, H. Characterization of new oral antidiabetic agent CS-045.

Studies in KK and ob/ob mice and Zucker fatty rats. Diabetes. 1988. 37 1549 1558).

The test compounds were administered at 0.1 to 30 mg/kg/day dose for 9 days.

The control animals received the vehicle (0.25 carboxymethylcellulose, dose 10 ml/kg) through oral gavage.

The blood samples were collected in fed state 1 hour after drug administration on 0 and 9 day of treatment. The blood was collected from the retro-orbital sinus through heparinised capillary in EDTA containing tubes. After centrifugation, plasma sample was separated for triglyceride, glucose, free fatty acid, total cholesterol and insulin estimations. Measurement of plasma triglyceride, glucose, total cholesterol were done using commercial kits (Dr. Reddy's Laboratory, Diagnostic Division, India). The plasma free fatty acid was measured using a commercial kit from Boehringer Mannheim, Germany. The plasma insulin was measured using a RIA kit (BARC, India). The reduction of various parameters examined are calculated according to the formula given below.

In ob/ob mice oral glucose tolerance test was performed after 9 days treatment.

Mice were fasted for 5 hrs and challenged with 3 gm/kg of glucose orally. The blood samples were collected at 0, 15, 30, 60 and 120 min for estimation of plasma glucose levels.

"1 The experimental results from the db/db mice, .ob/ob mice, Zucker fa/fa rats suggest that the novel compounds of the present invention also possess therapeutic utility C/3 as a prophylactic or regular treatment for diabetes, obesity, cardiovascular disorders such N1 as hypertension, hyperlipidaemia and other diseases; as it is known from the literature that such diseases are interrelated to each other.

00 Blood glucose level and triglycerides are also lowered at doses greater than mg/kg. Normally, the quantum of reduction is dose dependent and plateaus at certain CI dose.

NO b) Plasma triglvceride and Cholesterol lowering activity in hypercholesterolemic rat models Male Sprague Dawley rats (NIN stock) were bred in DRF animal house. Animals were maintained under 12 hour light and dark cycle at 25 I oC. Rats of 180 200 gram body weight range were used for the experiment. Animals were made hypercholesterolemic by feeding 2% cholesterol and 1% sodium cholate mixed with standard laboratory chow [National Institute of Nutrition (NIN), Hyderabad, India] for 6 days. Throughout the experimental period the animals were maintained on the same diet (Petit, Bonnefis, M. Rey, C and Infante, R. Effects of ciprofibrate on liver lipids and lipoprotein synthesis in normo- and hyperlipidemic rats. Atherosclerosis. 1988. 74 215 225).

The test compounds were administered orally at a dose 0.1 to 30 mg/kg/day for 3 days. Control group was treated with vehicle alone (0.25 Carboxymethylcellulose; dose 10 ml/kg).

The blood samples were collected in fed state 1 hour after drug administration on 0 and 3 day of compound treatment. The blood was collected from the retro-orbital sinus through heparinised capillary in EDTA containing tubes. After centrifugation, plasma sample was separated for total cholesterol,,HDL and triglyceride estimations.

Measurement of plasma triglyceride, total cholesterol and HDL were done using commercial kits (Dr. Reddy's Laboratory, Diagnostic Division, India). LDL and VLDL cholesterol were calculated from the data obtained for total cholesterol, HDL and triglyceride. The reduction of various parameters examined are calculated according to the formula.

-81- I Example Dose Triglyceride Total HDL LDL VLDL SNo. mg/kg Cholesterol T 4 Example 1 43 57 37 58 79 27 Example 1 50 42 46 44 53 44 00 4 reduction; T increase c) Plasma triglvceride and total cholesterol lowering activity in N Swiss albino mice and Guinea pigs Male Swiss albino mice (SAM) and male Guinea pigs were obtained from NIN and housed in DRF animal house. All these animals were maintained under 12 hour light and dark cycle at 25 1 oC. Animals were given standard laboratory chow (NIN, Hyderabad, India) and water, ad libitum. SAM of 20 25 g body weight range and Guinea pigs of 500 700 g body weight range were used (Oliver, Plancke, M. O., Marzin, Clavey, Sauzieres, J and Fruchart, J. C. Effects of fenofibrate, gemfibrozil and nicotinic acid on plasma lipoprotein levels in normal and hyperlipidemic mice.

Atherosclerosis. 1988. 70 107 114).

The test compounds were administered orally to Swiss albino mice at 0.3 to mg/kg/day dose for 6 days. Control mice were treated with vehicle (0.25% Carboxymethylcellulose; dose 10 ml/kg). The test compounds were administered orally to Guinea pigs at 0.3 to 30 mg/kg/day dose for 6 days. Control animals were treated with vehicle (0.25% Carboxymethylcellulose; dose 5 ml/kg).

The blood samples were collected in fed state 1 hour after drug administration on 0 and 6 day of treatment. The blood was collected from the retro-orbital sinus through heparinised capillary in EDTA containing tubes. After centrifugation, plasma sample was separated for triglyceride and total cholesterol (Wieland, O. Methods of Enzymatic analysis. Bergermeyer, H. Ed., 1963.211 -214; Trinder, P. Ann. Clin. Biochem.

1969. 6 24 27). Measurement of plasma triglyceride, total cholesterol and HDL were done using commercial kits (Dr. Reddy's Diagnostic Division, Hyderabad, India).

-82- Compound Dose (mg kg) Triglyceride Lowering Example 33 3 Example 41 10 54 Example 43 3 49 Example 63 3 57 00

O

c) Body weight reducing effect in cholesterol fed hamsters: Male Syrian Hamsters were procured from NIN, Hyderabad, India. Animals were housed at DRF animal house under 12 hour light and dark cycle at 25 1 °C with free access to food and water. Animals were maintained with 1 cholesterol containing standard laboratory chow (NIN) from the day of treatment.

The test compounds were administered orally at 1 to 30 mg/kg/day dose for days. Control group animals were treated with vehicle (Mill Q water, dose 10 ml/kg/day).

Body weights were measured on every 3 r d day.

Example No. Dose Body weight (mg/kg/day) Reduction Example 27 10 12 Example 30 10 18 Formulae for calculation: 1. Percent reduction in Blood sugar triglycerides total cholesterol body weight were calculated according to the formula: Percent reduction 1 TT/OT X 100

TC/OC

OC Zero day control group value OT Zero day treated group value TC Test day control group value TT Test day treated group value 83 2. LDL and VLDL cholesterol levels were calculated according to the formula: SLDL cholesterol in mg/dl Total cholesterol HDL cholesterol Tri2lvceride VLDL cholesterol in mg/dl Total cholesterol HDL cholesterol LDL cholesterol SIt is to be understood that a reference herein to a prior art document does not Sconstitute an admission that the document forms part of the common general Sknowledge in the art in Australia.

I In the claims which follow and in the preceding description of the invention, S 10 except where the context requires otherwise due to express language or necessary implication, the word "comprise" or variations such as "comprises" or "comprising" is used in an inclusive sense, i.e. to specify the presence of the stated features but not to preclude the presence or addition of further features in various embodiments of the invention.

Claims (9)

1. A compound of formula (1) R1 cIx RR 0e R2 X R6 RO R CH2)n-(0),-Ar Y RO N4 R 5RO R 00 R4 YR its derivatives, its analogs, its tautomeric forms, its stereoisomers, its polymorphs, its cK 5 pharmaceutically acceptable salts, its pharmaceutically acceptable solvates, wherein the groups R 2 R 3 R 4 and the groups Rs and R 6 when attached to a carbon atom, may be N same or different and represent hydrogen, halogen, hydroxy, nitro, cyano, formyl or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, cycloalkoxy, aryl, aryloxy, aralkyl, aralkoxy, heterocyclyl, heteroaryl, heteroaralkyl, heteroaryloxy, heteroaralkoxy, acyl, acyloxy, hydroxyalkyl, amino, acylamino, alkylamino, arylamino, aralkylamino, aminoalkyl, alkoxycarbonyl, aryloxycarbonyl, aralkoxycarbonyl, alkoxyalkyl, aryloxyalkyl, aralkoxyalkyl, alkylthio, thioalkyl, alkoxycarbonylamino, aryloxycarbonylamino, aralkoxycarbonylamino, carboxylic acid or its derivatives, or sulfonic acid or its derivatives; one or both of R' and R 6 may represent an oxo group when attached to a carbon atom; R 5 and R 6 when attached to a nitrogen atom represents hydrogen, hydroxy, formyl or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, cycloalkoxy, aryl, aralkyl, heterocyclyl, heteroaryl, heteroaralkyl, acyl, acyloxy, hydroxyalkyl, amino, acylamino, alkylamino, arylamino, aralkylamino, aminoalkyl, aryloxy, aralkoxy, heteroaryloxy, heteroaralkoxy, alkoxycarbonyl, aryloxycarbonyl, aralkoxycarbonyl, alkoxyalkyl, aryloxyalkyl, aralkoxyalkyl, alkylthio, thioalkyl groups, carboxylic acid derivatives, or sulfonic acid derivatives; X represents a heteroatom selected from oxygen, sulfur or NR" where R" is selected from hydrogen, or optionally substituted alkyl, cycloalkyl, aryl, aralkyl, acyl, alkoxycarbonyl, aryloxycarbonyl, or aralkoxycarbonyl group; Ar represents an optionally substituted divalent single or fused aromatic or heterocyclic group; R represents hydrogen atom, hydroxy, alkoxy, halogen, lower alkyl, optionally substituted aralkyl group or forms a bond together with adjacent group R 8 R 8 represents hydrogen, hydroxy, alkoxy, halogen, lower alkyl group, acyl, or optionally substituted aralkyl or R 8 forms a bond together with R 7 R 9 represents hydrogen, or optionally substituted groups selected from alkyl, d cycloalkyl, aryl, aralkyl, alkoxyalkyl, alkoxycarbonyl, aryloxycarbonyl, alkylaminocarbonyl, arylaminocarbonyl, acyl, heterocyclyl, heteroaryl, or heteroaralkyl C1 groups; R 1 0 represents hydrogen or optionally substituted groups selected from alkyl, cycloalkyl, aryl, aralkyl, heterocyclyl, heteroaryl, or heteroaralkyl groups; Y represents 0 oxygen or NR 1 2 where R 1 2 represents hydrogen, alkyl, aryl, hydroxyalkyl, aralkyl, Iheterocyclyl, heteroaryl, or heteroaralkyl groups; R' i and R' 2 together may form a 5 or 6 membered cyclic structure containing carbon atoms, which may optionally contain one or I more heteroatoms selected from oxygen, sulfur or nitrogen; the linking group represented C 10 by -(CH 2 may be attached either through a nitrogen atom or a carbon atom; n is an integer ranging from 1-4 and m is an integer 0 or 1.

2. A compound according to claim 1, wherein when the groups represented by R 1 R and the groups R 5 and R 6 when attached to a carbon atom are substituted, the substituents are selected from halogen, hydroxy, or nitro or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, cycloalkoxy, aryl. aralkyl, aralkoxyalkyl, heterocyclyl, heteroaryl, heteroaralkyl, acyl, acyloxy, hydroxyalkyl, amino, acylamino, arylamino, aminoalkyl, aryloxy, alkoxycarbonyl, alkylamino. alkoxyalkyl, alkylthio, thioalkyl, carboxylic acid or its derivatives, or sulfonic acid or its derivatives.

3. A compound according to claim 1, wherein when the groups R 5 and R 6 attached to nitrogen are substituted, the substituents are selected from halogen atoms, hydroxy, acyl, acyloxy, or amino groups.

4. A compound according to claim 1, wherein Ar represents optionally substituted divalent phenylene, naphthylene, pyridyl, quinolinyl, benzofuranyl, dihydrobenzofuryl, benzopyranyl, dihydrobenzopyranyl, indolyl, indolinyl, azaindolyl, azaindolinyl, pyrazolyl, benzothiazolyl, or benzoxazolyl groups. A compound according to claim 1, wherein the substituents on the group represented by R 9 are selected from halogen, hydroxy, or nitro or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, cycloalkoxy, aryl, aralkyl, aralkoxyalkyl, heterocyclyl, heteroaryl, heteroaralkyl, acyl, acyloxy, hydroxyalkyl, amino, acylamino, arylamino, aminoalkyl, aryloxy, alkoxycarbonyl, alkylamino, alkoxyalkyl, alkylthio, thioalkyl groups, carboxylic acid or its derivatives, or sulfonic acid or its derivatives

6. A process for the preparation of compound of formula (I) -86- 3, tH2F(IYiR-" A R1 R3 N 5/ Yo R R 9 0 R 4 its derivatives, its analogs, its tautomeric forms, its stereoisomers, its polymorphs, its 00 pharmaceutically acceptable salts, its pharmaceutically acceptable solvates, wherein the In groups R 2 R, R 4 and the groups R 5 and R 6 when attached to a carbon atom, may be N 5 same or different and represent hydrogen, halogen, hydroxy, nitro, cyano. formyl or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, cycloalkoxy, arl. ri aryloxy, aralkyl, aralkoxy, heterocyclyl, heteroaryl, heteroaralkyl, heteroaryloxy, heteroaralkoxy, acyl, acyloxy, hydroxyalkyl, amino, acylamino, alkylamino. arylamino, aralkylamino, aminoalkyl, alkoxycarbonyl, aryloxycarbonyl, aralkoxycarbonyl, alkoxyalkyl, aryloxyalkyl, aralkoxyalkyl, alkylthio, thioalkyl. alkoxycarbonylamino, aryloxycarbonylamino, aralkoxycarbonylamino, carboxylic acid or its derivatives, or sulfonic acid or its derivatives; one or both of R 5 and R 6 may represent an oxo group when attached to a carbon atom; R 5 and R 6 when attached to nitrogen atom represents hydrogen, hydroxy, formyl or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, cycloalkoxy, aryl, aralkyl, heterocyclyl, heteroaryl, heteroaralkyl, acyl, acyloxy, hydroxyalkyl, amino, acylamino, alkylamino, arylamino, aralkylamino, aminoalkyl, aryloxy, aralkoxy, heteroaryloxy, heteroaralkoxy. alkoxycarbonyl, aryloxycarbonyl, aralkoxycarbonyl, alkoxyalkyl, aryloxyalkyl. aralkoxyalkyl, alkylthio, thioalkyl groups, carboxylic acid derivatives, or sulfonic acid derivatives; X represents a heteroatom selected from oxygen, sulfur or NR" where R" is selected from hydrogen, or optionally substituted alkyl, cycloalkyl, aryl, aralkyl, acyl, alkoxycarbonyl, aryloxycarbonyl, or aralkoxycarbonyl group; Ar represents an optionally substituted divalent single or fused aromatic or heterocyclic group; R 7 and R 8 together represent a bond; R 9 represents hydrogen, or optionally substituted groups selected from alkyl, cycloalkyl, aryl, aralkyl, alkoxyalkyl, alkoxycarbonyl, aryloxycarbonyl, alkylaminocarbonyl arylaminocarbonyl, acyl, heterocyclyl, heteroaryl, or heteroaralkyl groups; R10 represents hydrogen or optionally substituted groups selected from alkyl, cycloalkyl, aryl, aralkyl, heterocyclyl, heteroaryl, or heteroaralkyl group; Y represents O 87- 'N oxygen; the linking group represented by -(CH 2 may be attached either through d' nitrogen atom or carbon atom; n is an integer ranging from 1-4 and m is an integer 0 or 1, which comprises: CN a) reacting a compound of formula (Ilia) SR2 6X R 6 00 R S- J(CH2)-(0)iAr-CHO (Ilia) R 3 N ci Rs N 5 R4 Swhere all symbols are as defined above with a compound of formula (IIIb) Ci 0 14,.'0II (R 4 0) 2 -P-CH-(COOR10) (IIIb) 9 OR 9 where R 9 and R' i are as defined above and R' 4 represents (Ci-C 6 )alkyl. to yield compound of formula defined above; b) reacting a compound of formula (II c) R1 R 2 X R6 R] H\(IIIc) R 4 H where all symbols are as defined above with a compound of formula (IIld) L--(CH2)O)m-Ar JOR (id) R 9 O where R 7 and R 8 together represent a bond and all symbols are as defined above and L' is a leaving group to produce a compound of formula defined above; c) reacting a compound of formula (IlIe) -88- :H 2 -CH2jPPh 3 Br- (Ille) where all symbols are as defined above with a compound of formula (IIIf) 0 OR Io O OR' OJO 9 (IIIf) where R 9 R' 1 and are as defined above to produce a compound of the formula d) reacting a compound of formula (IIIa) Ar-CHO (IIIa) where all other symbols are as defined above with a compound of formula (Illg) 9 ORIO R O (111g) where R 8 R 9 and R 1 0 are as defined above to yield a compound of formula as defined above after dehydration; e) reacting a compound of formula (IIIh) R' R2 X R6 I H2)WL 1 (Ih) R 3 N-\S R R 4 where all symbols are as defined earlier and L' represents a leaving group, with compound of formula (IIIi) -89- CI R N HO-Ar R OR 10 R'O where R 7 and R 8 together represent a bond and R 9 R' 1 and Ar are as defined earlier to Sproduce a compound of the formula where m represents an integer 1 and all other 00 Ssymbols are as defined above; C 5 f) reacting a compound of formula (IIIj) IND R' 0 2 x R 6 SIL -1-CH2)- 0 (Iij) Rx R R4 where all symbols are as defined above with a compound of formula (IIIi) R 7 HO-Ar 8 (ii) R O where R 7 and R 8 together represent a bond and R 9 R' 1 and Ar are as defined above to produce a compound of formula where m represents an integer 1 and all other symbols are as defined above; and optionally, g) converting the compounds of formula obtained in any of the processes described above into pharmaceutically acceptable salts or pharmaceutically acceptable solvates.

7. A process for the preparation of compound of formula (1) R 1 R2. X R 6 R R -(CH 2 YR 1 0 4 R its derivatives, its analogs, its tautomeric forms, its stereoisomers, its polymorphs, its pharmaceutically acceptable salts, its pharmaceutically acceptable solvates, wherein the groups R 2 R 3 R 4 and the groups R 5 and R 6 when attached to a carbon atom, may be same or different and represent hydrogen, halogen, hydroxy, nitro, cyano, formyl or N optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, cycloalkoxy, aryl, aryloxy, aralkyl, aralkoxy, heterocyclyl, heteroaryl, heteroaralkyl, heteroaryloxy, heteroaralkoxy, acyl, acyloxy, hydroxyalkyl, amino, acylamino, alkylamino, arylamino, N aralkylamino, aminoalkyl, alkoxycarbonyl, aryloxycarbonyl, aralkoxycarbonyl, alkoxyalkyl, aryloxyalkyl, aralkoxyalkyl, alkylthio, thioalkyl, alkoxycarbonylamino, aryloxycarbonylamino, aralkoxycarbonylamino, carboxylic acid or its derivatives, or sulfonic acid or its derivatives; one or both of Rs and R 6 may represent an oxo group when attached to a carbon atom; R' and R' when attached to a nitrogen atom represents hydrogen, hydroxy, fonrmyl or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, cycloalkoxy, aryl, aralkyl, heterocyclyl, heteroaryl, heteroaralkyl. acyl, acyloxy, hydroxyalkyl, amino, acylamino, alkylamino, arylamino, aralkylamino, aminoalkyl, aryloxy. aralkoxy, heteroaryloxy, heteroaralkoxy, alkoxycarbonyl. aryloxycarbonyl, aralkoxycarbonyl, alkoxyalkyl, aryloxyalkyl. aralkoxyalkyl, alkylthio, thioalkyl groups, carboxylic acid derivatives, or sulfonic acid derivatives; X represents a heteroatom selected from oxygen, sulfur or NR" where R" is selected from hydrogen, or optionally substituted alkyl, cycloalkyl, aryl, aralkyl, acyl, alkoxycarbonyl, aryloxycarbonyl, or aralkoxycarbonyl groups; Ar represents an optionally substituted divalent single or fused aromatic or heterocyclic group; R 7 represents hydrogen atom, hydroxy, alkoxy, halogen, lower alkyl, or optionally substituted aralkyl group; R 8 represents hydrogen, hydroxy, alkoxy, halogen, lower alkyl group, acyl, or optionally substituted aralkyl; R 9 represents hydrogen, or optionally substituted groups selected from alkyl, cycloalkyl, aryl, aralkyl, alkoxyalkyl, alkoxycarbonyl, aryloxycarbonyl. alkylaminocarbonyl, arylaminocarbonyl, acyl, heterocyclyl, heteroaryl, or heteroaralkyl groups; R1 represents hydrogen or optionally substituted groups selected from alkyl, cycloalkyl, aryl, aralkyl, heterocyclyl, heteroaryl, or heteroaralkyl groups; Y represents oxygen; the linking group represented by -(CH 2 may be attached either through a nitrogen atom or a carbon atom; n is an integer ranging from 1-4 and m is an integer 0 or 1, which comprises: a) reducing a compound of formula (IVa) -91- Si n- 0 3 CH2)r(0)inAr OR 0 o (IVa) CM R 4 R ORP which represents a compound of formula where R 7 and R 8 together represent a bond 00 and Y represents an oxygen atom and all other symbols are as defined above, prepared In according to any of the processes claimed in claim 6, to yield a compound of the formula C 5 where R 7 and R 8 each represent hydrogen atom and all symbols are as defined above; O a) reacting a compound of formula (IVb) .R' R2 X R6 R7 S R8 OR' 3R U R N CH2);-(0),Ar O- i (IVb) R 4 where all symbols are as defined above and L 2 is a leaving group with an alcohol of; formula (IVc), R9-OH (IVc) where R 9 represents optionally substituted groups selected from alkyl, cycloalkyl, aryl, aralkyl, alkoxyalkyl, alkoxycarbonyl, aryloxycarbonyl. alkylaminocarbonyl, arylaminocarbonyl, acyl, heterocyclyl, heteroaryl. or heteroaralkyl groups produce a compound of the formula defined above; b) reacting a compound of formula (IIIh) R 1 R2 X R 6 R N RR R 4 where all symbols are as defined above and L' is a leaving group with a compound of formula (IIIi) RO7

92- O C1 where all symbols are as defined above to produce a compound of the formula where )7 m represents an integer 1 and all other symbols are as defined above; c) reacting a compound of formula (IIIj) R 1 R2 x R 6 R X R6 -(CH 2 );OH -3 SR N cN R 4 N0 5 where all symbols are as defined above with a compound of formula (IIi) O R 7 HO-Ar 8 R9 OR where all symbols are as defined above to produce a compound of formula where m represents an integer I and all other symbols are as defined above; d) reacting a compound of formula (IVd) R 1 R2 x R 6 R 7. N CH2)-(0)-Ar OR (IVd) R 31j N 2 OR' 0 HO. R which represents a compound of formula where R 9 represents a hydrogen atom and all other symbols are as defined above with a compound of formula (IVe) R 9 -L 2 (IVe) where R 9 represents optionally substituted groups selected from alkyl, cycloalkyl, aryl, aralkyl, alkoxyalkyl, alkoxycarbonyl, aryloxycarbonyl, alkylaminocarbonyl, arylaminocarbonyl, acyl, heterocyclyl, heteroaryl, or heteroaralkyl groups and L 2 is a halogen atom to produce a compound of formula defined above; f) reacting a compound of the formula (Ila) (IIla) -93- where all symbols are as defined above with a compound of formula (IIlg) R R10 (ug) R9 0 R 9 OR O (Il) where R 8 R 9 R 1 0 are as defined above to produce a compound of formula after dehydroxylation; g) reacting a compound of formula (IIIc) R 1 R2 _X R 6 wb 3 a(IIIc) R 3 R 4 H R where all symbols are as defined above with a compound of formula (IIId) R 8 L '-(CH24Vl 6-A r Rj ,I (Illd) where L' is a leaving group and all other symbols are as defined above to produce a compound of formula defined above; h) converting a compound of formula (IVf) (IV) where all symbols are as defined above to a compound of formula defined above; i) reacting a compound of formula (IVg) R 1 R2 X R 6 R 7 0 S N- CH 2 OR 1 0 (Vg) R N R 4 2 where all symbols are as defined above with a compound of formula (IVc) R9-OH (IVc) C -94- where R 9 represents optionally substituted groups selected from alkyl, cycloalkyl, aryl, 0 aralkyl, alkoxyalkyl, alkoxycarbonyl, aryloxycarbonyl, alkylaminocarbonyl, arylaminocarbonyl, acyl, heterocyclyl, heteroaryl, or heteroaralkyl groups to produce a N compound of formula optionally; -resolving the compound of formula obtained in any of the processes 00 described above into its stereoisomers, and optionally; N k) converting the compounds of formula or its stereoisomers obtained in NO any of the processes described above into pharmaceutically acceptable salts or pharmaceutically acceptable solvates. 8. A process for the preparation of compound of formula (I) RI R2 X RR R8 O 1 CH 2 )F()Ar RR 5 YR' 0 its derivatives, its analogs, its tautomeric forms, its stereoisomers, its polymorphs, its pharmaceutically acceptable salts, its pharmaceutically acceptable solvates, wherein the groups R 2 R 3 R 4 and the groups R 5 and R 6 when attached to a carbon atom, may be same or different and represent hydrogen, halogen, hydroxy, nitro, cyano, formyl or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, cycloalkoxy, aryl, aryloxy, aralkyl, aralkoxy, heterocyclyl, heteroaryl, heteroaralkyl, heteroaryloxy, heteroaralkoxy, acyl, acyloxy, hydroxyalkyl, amino, acylamino, alkylamino. arylamino, aralkylamino, aminoalkyl, alkoxycarbonyl, aryloxycarbonyl, aralkoxycarbonyl, alkoxyalkyl, aryloxyalkyl, aralkoxyalkyl, alkylthio, thioalkyl, alkoxycarbonylamino, aryloxycarbonylamino, aralkoxycarbonylamino, carboxylic acid or its derivatives, or sulfonic acid or its derivatives; or one or both of R 5 and R 6 may represent an oxo group when attached to a carbon atom; R 5 and R 6 when attached to a nitrogen atom represents hydrogen, hydroxy, formyl or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, cycloalkoxy, aryl, aralkyl, heterocyclyl, heteroaryl, heteroaralkyl, acyl, acyloxy, hydroxyalkyl, amino, acylamino, alkylamino, arylamino, aralkylamino, aminoalkyl, aryloxy, aralkoxy, heteroaryloxy, heteroaralkoxy, alkoxycarbonyl, aryloxycarbonyl, aralkoxycarbonyl, alkoxyalkyl, aryloxyalkyl, aralkoxyalkyl, alkylthio, O C thioalkyl groups, carboxylic acid derivatives, or sulfonic acid derivatives; X represents a heteroatom selected from oxygen, sulfur or NR'' where R" 1 is selected from hydrogen, or optionally substituted alkyl, cycloalkyl, aryl, aralkyl, acyl, alkoxycarbonyl, Ci aryloxycarbonyl, or aralkoxycarbonyl groups; Ar represents an optionally substituted divalent single or fused aromatic or heterocyclic group; R 7 represents hydrogen atom, 00 hydroxy, alkoxy, halogen, lower alkyl, or optionally substituted aralkyl group or forms a bond together with the adjacent group R 8 R 8 represents hydrogen, hydroxy, alkoxy, halogen, lower alkyl group, acyl, or optionally substituted aralkyl or R 8 forms a bond IO together with R 7 R 9 represents hydrogen, or optionally substituted groups selected from 10 alkyl, cycloalkyl, aryl, aralkyl, alkoxyalkyl, alkoxycarbonyl, aryloxycarbonyl, alkylaminocarbonyl, arylaminocarbonyl, acyl, heterocyclyl, heteroaryl, or heteroaralkyl groups; R'O represents hydrogen or optionally substituted groups selected from alkyl, cycloalkyl, aryl, aralkyl, heterocyclyl, heteroary], or heteroaralkyl groups: Y represents NR", where R' 2 represents hydrogen, alkyl, aryl, hydroxyalkyl, aralkyl, heterocyclyl, heteroaryl, or heteroaralkyl group; R 1 0 and R 1 2 together may form a 5 or 6 membered cyclic structure containing carbon atoms, which may optionally contain one or more heteroatoms selected from oxygen, sulfur or nitrogen; the linking group represented by (CH2)n-(O)m- may be attached either through a nitrogen atom or a carbon atom; n is an integer ranging from 1-4 and m is an integer 0 or 1, which comprises: a) reacting a compound of formula (I) R 1 R X R 6 R 7 R I N'-CH2)-(O)Ar yRo R3 R 9 YR 10 (I) [4 R5 RgO R where all symbols are as defined above and Y represents oxygen, YRI 0 represents a halogen atom, or COYR' 1 represents a mixed anhydride group with appropriate amines of the formula NHRR 1 2 where R'O and R 1 2 are as defined earlier and, optionally; b) resolving the compound of formula obtained above into stereoisomers, optionally; c) converting the compounds of formula obtained above into pharmaceutically acceptable salts or pharmaceutically acceptable solvates. -96- 9. A compound of formula (I) N R2 X 6 7 R N j-CH2O-(0)iAr Yo R' CI, I. ,X R R R 3 i N 5 9 YR 1 0 00 4 R its derivatives, its analogs, its tautomeric forms, its stereoisomers, its polymorphs, its pharmaceutically acceptable salts, its pharmaceutically acceptable solvates, wherein the groups R 2 R 3 R 4 and the groups R 5 and R 6 when attached to a carbon atom, may be same or different and represent hydrogen, halogen, hydroxy, nitro, cyano, formyl or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, cycloalkoxy, aryl, aryloxy, aralkyl, aralkoxy, heterocyclyl, heteroaryl, heteroaralkyl, heteroaryloxy, heteroaralkoxy, acyl, acyloxy, hydroxyalkyl, amino, acylamino. alkylamino, arylamino, aralkylamino, aminoalkyl, alkoxycarbonyl, aryloxycarbonyl, aralkoxycarbonyl, alkoxyalkyl, aryloxyalkyl, aralkoxyalkyl, alkylthio. thioalkyl. alkoxycarbonylamino, aryloxycarbonylamino, aralkoxycarbonylamino, carboxylic acid or its derivatives, or sulfonic acid or its derivatives; one or both of R 5 and R 6 may represent an oxo group when attached to a carbon atom; R' and R 6 when attached to nitrogen atom represents hydrogen, hydroxy, formyl or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, cycloalkoxy, aryl, aralkyl, heterocyclyl, heteroaryl, heteroaralkyl, acyl, acyloxy, hydroxyalkyl, amino, acylamino, alkylamino, arylamino, aralkylamino, aminoalkyl, aryloxy, aralkoxy, heteroaryloxy, heteroaralkoxy, alkoxycarbonyl, aryloxycarbonyl, aralkoxycarbonyl, alkoxyalkyl, aryloxyalkyl, aralkoxyalkyl, alkylthio, thioalkyl groups, carboxylic acid derivatives, or sulfonic acid derivatives; X represents a heteroatom selected from oxygen, sulfur or NR" where R" is selected from hydrogen, or optionally substituted alkyl, cycloalkyl, aryl, aralkyl, acyl, alkoxycarbonyl, aryloxycarbonyl, or aralkoxycarbonyl groups; Ar represents an optionally substituted divalent single or fused aromatic or heterocyclic group; R 7 and R 8 together represent a bond; R 9 represents hydrogen, or optionally substituted groups selected from alkyl, cycloalkyl, aryl, aralkyl, alkoxyalkyl, alkoxycarbonyl, aryloxycarbonyl, alkylaminocarbonyl, arylaminocarbonyl, acyl, heterocyclyl, heteroaryl, or heteroaralkyl -97- groups; R1o represents hydrogen or optionally substituted groups selected from alkyl, e cycloalkyl, aryl, aralkyl, heterocyclyl, heteroaryl, or heteroaralkyl groups; Y represents oxygen; the linking group represented by -(CH 2 may be attached either through a (1 nitrogen atom or a carbon atom; n is an integer ranging from 1-4 and m is an integer 0 or 1, prepared according to the process of claim 6. 00 10. A conipound of formula (I) cI C~ RR INDR2 X R 6 R 7 8 R N CH 2 R3N' YR JY 10 4. its derivatives, its analogs, its tautomeric forms, its stereoisomers, its polymorphs, its pharmaceutically acceptable salts, its pharmaceutically acceptable solvates, wherein the groups R 2 R 3 R 4 and the groups R' and R 6 when attached to a carbon atom, may be same or different and represent hydrogen, halogen, hydroxy, nitro, cyano. formyl or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, cycloalkoxy aryl, aryloxy, aralkyl, aralkoxy, heterocyclyl, heteroaryl, heteroaralkyl, heteroaryloxy, heteroaralkoxy, acyl, acyloxy, hydroxyalkyl, amino, acylamino, alkylamino, arylamino, aralkylamino, aminoalkyl, alkoxycarbonyl, aryloxycarbonyl, aralkoxycarbonyl, alkoxyalkyl, aryloxyalkyl, aralkoxyalkyl, alkylthio, thioalkyl, alkoxycarbonylamino, aryloxycarbonylamino, aralkoxycarbonylamino, carboxylic acid or its derivatives, or sulfonic acid or its derivatives; one or both of R" and R 6 may represent an oxo group when attached to a carbon atom; R 5 and R 6 when attached to a nitrogen atom represents hydrogen, hydroxy, formyl or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, cycloalkoxy, aryl, aralkyl, heterocyclyl, heteroaryl, heteroaralkyl, acyl, acyloxy, hydroxyalkyl, amino, acylamino, alkylamino, arylamino, aralkylamino, aminoalkyl, aryloxy, aralkoxy, heteroaryloxy, heteroaralkoxy, alkoxycarbonyl, aryloxycarbonyl, aralkoxycarbonyl, alkoxyalkyl, aryloxyalkyl, aralkoxyalkyl, alkylthio, thioalkyl groups, carboxylic acid derivatives, or sulfonic acid derivatives; X represents a heteroatom selected from oxygen, sulfur or NR" where R" is selected from hydrogen, or optionally substituted alkyl, cycloalkyl, aryl, aralkyl, acyl, alkoxycarbonyl, -98- cN aryloxycarbonyl, or aralkoxycarbonyl groups; Ar represents an optionally substituted divalent single or fused aromatic or heterocyclic group; R 7 represents hydrogen atom, hydroxy, alkoxy, halogen, lower alkyl, optionally substituted aralkyl group; R 8 represents NI hydrogen, hydroxy, alkoxy, halogen, lower alkyl group, acyl, or optionally substituted aralkyl; R 9 represents hydrogen, or optionally substituted groups selected from alkyl, 00 cycloalkyl, aryl, aralkyl, alkoxyalkyl, alkoxycarbonyl, aryloxycarbonyl, t alkylaminocarbonyl, arylaminocarbonyl, acyl, heterocyclyl, heteroaryl, or heteroaralkyl groups; Ro represents hydrogen or optionally substituted groups selected from alkyl, cycloalkyl, aryl, aralkyl, heterocyclyl, heteroaryl, or heteroaralkyl groups; Y represents S 10 oxygen; the linking group represented by -(CH 2 may be attached either through a nitrogen atom or a carbon atom; n is an integer ranging from 1-4 and m is an integer 0 or 1, prepared according to the process of claim 7. 11. A compound of formula (I) R 1 R2 x RX 6 R S N--(CH2)-(O)Ar-J Y o (I) Ra R 4 R R R4 R0 its derivatives, its analogs, its tautomeric forms, its stereoisomers, its polymorphs, its pharmaceutically acceptable salts, its pharmaceutically acceptable solvates, wherein the groups R R 3 R 4 and the groups R 5 and R 6 when attached to a carbon atom, may be same or different and represent hydrogen, halogen, hydroxy, nitro, cyano, formyl or optionally substituted groups selected from alkyl, cycloalkyl. alkoxy, cycloalkoxy, aryl, aryloxy, aralkyl, aralkoxy, heterocyclyl, heteroaryl, heteroaralkyl, heteroaryloxy, heteroaralkoxy, acyl, acyloxy, hydroxyalkyl, amino, acylamino, alkylamino, arylamino, aralkylamino, aminoalkyl, alkoxycarbonyl, aryloxycarbonyl, aralkoxycarbonyl, alkoxyalkyl, aryloxyalkyl, aralkoxyalkyl, alkylthio, thioalkyl, alkoxycarbonylamino, aryloxycarbonylamino, aralkoxycarbonylamino, carboxylic acid or its derivatives, or sulfonic acid or its derivatives; one or both of R 5 and R 6 may represent an oxo group when attached to a carbon atom; R 5 and R 6 when attached to a nitrogen atom represents hydrogen, hydroxy, formyl or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, cycloalkoxy, aryl, aralkyl, heterocyclyl, heteroaryl, heteroaralkyl, S-99- C'7 acyl, acyloxy, hydroxyalkyl, amino, acylamino, alkylamino, arylamino, aralkylamino, Saminoalkyl, aryloxy, aralkoxy, heteroaryloxy, heteroaralkoxy, alkoxycarbonyl, aryloxycarbonyl, aralkoxycarbonyl, alkoxyalkyl, aryloxyalkyl, aralkoxyalkyl, alkylthio, C1 thioalkyl groups, carboxylic acid derivatives, or sulfonic acid derivatives; X represents a heteroatom selected from oxygen, sulfur or NR'' where R" I is selected from hydrogen, or 0 optionally substituted alkyl, cycloalkyl, aryl, aralkyl, acyl, alkoxycarbonyl, n aryloxycarbonyl, or aralkoxycarbonyl groups; Ar represents an optionally substituted divalent single or fused aromatic or heterocyclic group; R 7 represents hydrogen atom, hydroxy, alkoxy, halogen, lower alkyl, or optionally substituted aralkyl group or forms a bond together with the adjacent group R 8 R 8 represents hydrogen, hydroxy, alkoxy, halogen, lower alkyl group, acyl, or optionally substituted aralkyl or R 8 forms a bond together with R 7 R 9 represents hydrogen, or optionally substituted groups selected from alkyl, cycloalkyl, aryl, aralkyl, alkoxyalkyl, alkoxycarbonyl, aryloxycarbonyl, alkylaminocarbonyl, arylaminocarbonyl, acyl, heterocyclyl, heteroaryl, or heteroaralkyl group; R 0 i represents hydrogen or optionally substituted groups selected from alkyl, cycloalkyl, aryl, aralkyl, heterocyclyl, heteroaryl, or heteroaralkyl groups; Y represents NR' 2 where R' 2 represents hydrogen, alkyl, aryl, hydroxyalkyl, aralkyl, heterocyclyl, heteroaryl, or heteroaralkyl groups; R' i and R 1 2 together may form a 5 or 6 membered cyclic structure containing carbon atoms, which may optionally contain one or more heteroatoms selected from oxygen, sulfur or nitrogen; the linking group represented by (CH2)n-(O)m- may be attached either through a nitrogen atom or a carbon atom; n is an integer ranging from 1-4 and m is an integer 0 or 1, prepared according to the process of claim 8. 12. An intermediate of formula (IVf) R 1 R 2 X R 6 R7 a R 8 R3 C H 2 N O m A r C N (IVf) R 4 where the groups R 2 R 3 R 4 and the groups R 5 and R 6 when attached to a carbon atom, may be same or different and represent hydrogen, halogen, hydroxy, nitro, cyano, formyl or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, -100- cycloalkoxy, aryl, aryloxy, aralkyl, aralkoxy, heterocyclyl, heteroaryl, heteroaralkyl, a heteroaryloxy, heteroaralkoxy, acyl, acyloxy, hydroxyalkyl, amino, acylamino, alkylamino, arylamnino, aralkylamino, aminoalkyl, alkoxycarbonyl, aryloxycarbonyl, aralkoxycarbonyl, alkoxyalkyl, aryloxyalkyl, aralkoxyalkyl, alkylthio, thioalkyl, alkoxycarbonylamino, aryloxycarbonylamino, aralkoxycarbonylamino, carboxylic acid or 00 its derivatives, or sulfonic acid or its derivatives; one or both of RS and R 6 may represent an oxo group when attached to a carbon atom; R 5 and R 6 when attached to nitrogen atom represents hydrogen,.hydroxy, formyl or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, cycloalkoxy, aryl, aralkyl, heterocyclyl, heteroaryl, N 10 heteroaralkyl, acyl, acyloxy, hydroxyalkyl, amino, acylamino, alkylamino, arylamino, aralkylamino, aminoalkyl, aryloxy, aralkoxy, heteroaryloxy, heteroaralkoxy, alkoxycarbonyl, aryloxycarbonyl, aralkoxycarbonyl, alkoxyalkyl, aryloxyalkyl, aralkoxyalkyl, alkylthio, thioalkyl groups, carboxylic acid derivatives, or sulfonic acid derivatives; X represents a heteroatom selected from oxygen, sulfur or NR" where R" is selected from hydrogen, or optionally substituted alkyl, cycloalkyl, aryl, aralkyl, acyl, alkoxycarbonyl, aryloxycarbonyl, or aralkoxycarbonyl groups; Ar represents an optionally substituted divalent single or fused aromatic or heterocyclic group; R7 represents hydrogen atom, hydroxy, alkoxy, halogen, lower alkyl, or optionally substituted aralkyl group; R 8 represents hydrogen, hydroxy. alkoxy, halogen, lower alkyl group, acyl, or optionally substituted aralkyl; R represents hydrogen, or optionally substituted groups selected from alkyl, cycloalkyl, aryl, aralkyl, alkoxyalkyl, alkoxycarbonyl, aryloxycarbonyl, alkylaminocarbonyl, arylaminocarbonyl, acyl, heterocyclyl, heteroaryl, or heteroaralkyl groups; the linking group represented by may be attached either through a nitrogen atom or a carbon atom; n is an integer ranging from 1-4 and m is an integer 0 or 1. 13. A process for the preparation of compound of formula (IVf) described in claim 12 where R 7 and R 8 represent hydrogen atoms and all other symbols are as defined in claim 12 which comprises: a) reacting a compound of formula (IIIa)

101- C R 1 01 R2. 1 X R 6 I (CH 2 )n-(O)Ar-CHO (IIIa) R N 4 Rs R 4 where all symbols are as defined above with a compound of formula (IVh) 0 0 R 9 OCHzPPPhjHal (IVh) n where R 9 represents optionally substituted groups selected from alkyl, cycloalkyl, aryl, aralkyl, alkoxyalkyl, alkoxycarbonyl, aryloxycarbonyl, alkylaminocarbonyl, 0 arylaminocarbonyl, acyl, heterocyclyl, heteroaryl, or heteroaralkyl groups and Hal C represents a halogen atom, to yield a compound of formula (IVi) R R R2 X R 6 RHH O (IVD S~~-(CH 2 -Ar C= OR 9 (IVj) R 3 N R 9 R 4 where are all symbols are as defined above, b) reacting a compound of formula (IVi) obtained alcohol of there all symbols H where R 9 as defined above with trialkylsilyl cyanide to produceyield a compound of formula (VVj), R 1 R2 j R 9 iv j R where are all symbols are as defined above, c) reacting a compound of formula (IVj) obtained above where all symbols are as defined above with trialkylsilyl cyanide to produce a compound of formula (IVf) where all symbols are as defined above. 14. An intermediate of formula (IVg) \OR 10 (Irg) O -102- O3 where the groups R 2 R 3 R 4 and the groups R 5 and R 6 when attached to a carbon atom, may be same or different and represent hydrogen, halogen, hydroxy, nitro, cyano, C)formyl or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, N cycloalkoxy, aryl, aryloxy, aralkyl, aralkoxy, heterocyclyl, heteroaryl, heteroaralkyl, heteroaryloxy, heteroaralkoxy, acyl, acyloxy, hydroxyalkyl, amino, acylamino, alkylamino, arylamino, aralkylamino, aminoalkyl, alkoxycarbonyl, aryloxycarbonyl, aralkoxycarbonyl, alkoxyalkyl, aryloxyalkyl, aralkoxyalkyl, alkylthio, thioalkyl, N alkoxycarbonylamino, aryloxycarbonylamino, aralkoxycarbonylamino, carboxylic acid or IDits derivatives, or sulfonic acid or its derivatives; one or both of R' and R 6 may represent S 10 an oxo group when attached to a carbon atom; R 5 and R 6 when attached to a nitrogen atom represents hydrogen, hydroxy, formyl or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, cycloalkoxy, aryl, aralkyl, heterocyclyl, heteroaryl, heteroaralkyl, acyl, acyloxy, hydroxyalkyl, amino, acylamino, alkylamino, anrylamino aralkylamino, aminoalkyl, aryloxy, aralkoxy, heteroaryloxy, heteroaralkoxy, alkoxycarbonyl, aryloxycarbonyl, aralkoxycarbonyl, alkoxyalkyl, aryloxyalkyl, aralkoxyalkyl, alkylthio, thioalkyl groups, carboxylic acid derivatives, or sulfonic acid derivatives; X represents a heteroatom selected from oxygen, sulfur or NR" where R" is selected from hydrogen, or optionally substituted alkyl, cycloalkyl, aryl, aralkyl, acyl, alkoxycarbonyl, aryloxycarbonyl, or aralkoxycarbonyl groups; Ar represents an optionally substituted divalent single or fused aromatic or heterocyclic group; R 7 represents hydrogen atom, hydroxy, alkoxy, halogen, lower alkyl, or optionally substituted aralkyl group; R' 0 represents hydrogen or optionally substituted groups selected from alkyl, cycloalkyl, aryl, aralkyl, heterocyclyl, heteroaryl, or heteroaralkyl groups; Y represents oxygen; the linking group represented by -(CH 2 may be attached either through a nitrogen atom or a carbon atom; n is an integer ranging from 1-4 and m is an integer 0 or 1. A process for the preparation of compound of formula (IVg) described in claim 14, which comprises: a) reacting a compound of formula (IIIh) 00 103 (EIlh) where L' is a leaving group and all other symbols are as defined in claim 14 with a compound of formula (P11) R 7 8 HO-Ar R 7 ORo (IVI) H 2 N where R8 is a hydrogen atom and all other symbols are as defined in claim 14, to yield a compound of formula (lVk) R IB 4 3 X R R 5 H 2 N OR' 0 Ik where R 8 is a hydrogen atom and all other symbols are as defined above, b) reacting a compound of formula (IVk) obtained above with a diazotizing agent. 16. A compound according to claim 1 which is selected from: Ethyl (EIZ)-3 -[4-[2-(2,3-dihydro. I, 4 -benzoxazin-4-yl)ethoxy]phenyl]-2- ethoxypropenoate; ()Methyl 3-[4-[2-(2,3-dihydro-l ,4-.benzoxazin-4-yl)ethoxy]phenyl]-2- ethoxypropanoate; ()Methyl 3-[4-[2-(2,3-dihydro-1I,4-benzoxazin-4-yl)ethoxy]phenyl]-2- ethoxypropanoate; ()Methyl 3-[4-[2-(2,3-dihydro-1I,4-benzoxazin-4-yl)ethoxy~phenyl]-2- ethoxypropanoate; Ethyl -[2-(2,3-dihydro- I ,4-benzoxazin-4-yl)methylbenzofuran-5-yi]-2- ethoxypropenoate; Ethyl -[4-[2-(2,3-dihydro-1I,4-benzothiazin-4-yl)ethoxy]phenyl]-2- ethoxypropenoate; -104- (4)Methyl 3-[2-(2,3-dihydro-1I,4-benzoxazin-4-yl)methylbenzofiiran-5-yi]-2- ethoxypropanoate; ()Methyl 3-[2-(2,3-dihydro-1I, 4 -benzoxazin-4-yl)methylbenzofuran-5-yl] -2- ethoxypropanoate; ()Methyl 3-[2-(2,3-dihydro-1 ,4-benzoxazin-4-yl)methylbenzofiiran-5-yl]-2- 00 ethoxypropanoate; Methyl-3-[4-[2-(2,3-dihydro- 1,4-benzothiazin-4.yl)ethoxy]phenyll-2- N ethoxypropanoate; ()Methyl-3 -[4..[2-(2,3-dihydro 1 ,4-benizothiazin-4-yl)ethoxylphenyl]-2- S 10 ethoxypropanoate; Methyl-3-[4-[2-(2,3-dihydro- 1,4-benzothiazin-4-yl)ethoxy]phenyl].2. ethoxypropanoate; Methyl 2-methyl-3-[4-[2-(2,3-dihydro-1I,4-benzoxazin-4-yl)etboxy]phenyl]-2- ethoxypropanoate; (4)Methyl 2-methyl-3-[4-[2-(2,3-dihydro. I,4-benzoxazin-4-yl)ethoxv~phenyl]-2- ethoxypropanoate;. ()Methyl 2-methyl-3-[4-[2-(2,3-dihydro-1I.4-benzoxazin-4.yl)ethoxy]phenylf-2- ethoxypropanoate; ()Methyl 2-(2-fluorobenzyl)-3 -[4-[2-(2,3-dihydro-1I,4-benzoxazin-4-yl)ethoxy] phenyl]-2-ethoxypropanoate; ()Methyl 2-(2-fluorobenzyl)-3 -[4-[2-(2,3-dihydro-1I,4-benzoxazin-4-yl)ethoxy] phenyl]-2-ethoxypropanoate; ()Methyl 2-(2-fluorobenzyl)-3-[4-[2-(2,3-dihydro-1I,4-benzoxazin-4-yl)ethoxy] phenyl]-2-ethoxypropanoate; Ethyl (EIZ)-3 [2-(3-oxo-2H-1I,4-benzoxazin-4-yl)ethoxy]phenyl]-2-ethoxy- propenoate; Methyl 3- [4-[2-(3-oxo-2H-1I,4-benzoxazin-4-yl)ethoxy]phenyl]-2-ethoxy- propanoate; Methyl 3-[4-[2-(3-oxo-2H-1I,4-benzoxazin-4-yl)ethoxy]phenyl]-2-ethoxy- propanoate; Methyl 3 -[4-[2-(3-oxo-2H-1I,4-benzoxazin-4-yl)ethoxylphenyl]-2-ethoxy- propanoate; -105- Ethyl (E/Z)-3-[6-[2-(2,3-dihydro-1 ,4-benzothiazin-4-yl)ethoxylnaphthyl]-2- ethoxypropenoate; Methyl 3-[6-[2-(2,3-dihydro- 1,4-benzothiazin-4-yl)ethioxy]naphthyl]-2- (71 ethoxypropanoate; Methyl 3-[6-[2-(2,3-dihydro- 1,4-benzothiazin-4-yl)ethoxy]naphthyl]-2- 00 ethoxypropanoate; ()Methyl 3-[6-[2-(2,3-dihydro-1I,4-benzothiazin-4-yl)ethoxy]naphthyl)-2- ethoxypropanoate; INDEthyl -dihydro- 1,4-benzoxazin-4-yl)ethoxy]phenyl]-2-hiydroxv- propanoate; Ethyl 3-[4-[2-(2,3-dihydro- 1,4-benzothiazin-4-yl)ethoxy]phenyl]-2-hydroxy- propanoate; Ethyl 3-[4-[2-(2,3-dihydro-1I,4-benzoxazin-4-yl)ethoxy]phenyl]-2-benzyloxy- propanoate; Ethyl 3-[4-[2-(2,3-dihydro-1I,4-benzoxazin.4-yl)ethoxylphenyl]-2-butoxy- propanoate; Ethyl 3-[4-[2-(2,3-dihydro- 1,4-benzoxazin-4-yl)ethoxy]phenyl]-2-hexyloxy propanoate; Ethyl (E/Z)-3-[4-[2-(2,3-dihydro-1I,4-benzoxazin-4-yl)ethoxy]phenyl]-2- phenoxypropenoate; Methyl 3- [4-[2-(2,3-dihydro-1I,4-benzoxazin-4-yI)ethoxy]phenyl]-2- phenoxypropanoate; Methyl 3- [4-[2-(2,3-dihydro- 1,4-benzoxazin-4-yl)ethoxy]phenyl]-2- phenoxypropanoate; ()Methyl 3-[4-[2-(2,3-dihydro-1I,4-benzoxazin-4-yl)ethoxy]phenyll-2- phenoxypropanoate; Ethyl (E/Z)-3-[4-112-(2,3-dihydro-1I,4-benzothiazin.4-yl)ethoxylphenyl].2- phenoxypropenoate; Methyl 3- [4-[2-(2,3-dihydro-1I,4-benzothiazin-4-yI)ethoxy~phenyl] -2- phenoxypropanoate; Methyl 3 -[4-[2-(2,3-dihydro- 1,4-benzothiazin-4-yl)ethoxy~phenyl]-2- phenoxypropanoate; -106- C1 (-)Methyl 3-[4-[2-(2,3-dihydro- 1,4-benzothiazin-4-yl)ethoxy]phenyl]-2- phenoxypropanoate; Ethyl (E/Z)-3-[4-(4-methyl.3,4-dihydro2H-1,4-benzoxazin-2-yl)methoxypheny'1]-2 C1 ethoxypropenoate; ()Methyl 3-[4-(4-methyl-3,4-dihydro-2H-1I, 4 -benzoxazin-2-yl)methoxyphenyl]-2- 00 ethoxypropanoate; ()Methyl 3-[4-(4-methyl-3,4-dihydro-2H-1 4 -benzoxazin-2-yl)methioxyphenyl].2 ethoxypropanoate; IND Methyl 3-[4-(4-methyl-3,4-dihydro-2H- 1, 4 -benzoxazin-2.yl)methoxyphenvl]-2. ethoxypropanoate; Ethyl (E-/Z)-3-[4-(4-benzyl-3,4..dihydro-2H-1I, 4 -benzoxazin-2-yI)methoxyphenv-,l]-2 ethoxypropenoate; Methyl 3)-[4-(4-benzyl-3,4-dihydro-2H-1I, 4 -benzoxazin-2-yl)methoxyphenN'l]-2- ethoxypropanoate; Methyl 3-[4-(4-benzyl-3,4-dihydro-2H-1I, 4 -benzoxazin-2-yl)methoxyphenvI]-2- ethoxypropanoate; Methyl 3-[4-(4-benzyl-3 ,4-dihvdro-2H- I 4 -benzoxazin-2-yl)methoxyphenvl]-2. ethoxypropanoate; 3-[4-[2-(2..3-Dihydro-1I, 4 -benzoxazin-4-yl)ethoxy]phenyl]-2..ethoxypropanoic acid and its salts;, 3-[4-[2-(2,3-Dihydro- I 4 -benzoxazin-4-yl)ethoxy]phenvl]-2-ethoxypropanoic acid and its salts; 3-[4-[2-(2.3--Dihydro- 1, 4 -benzoxazin-4-yl)etboxy]phenylJ-2-ethoxypropanoic acid and its salts; 3-12-(2,3-Dihydro- 1 4 -benzoxazin-4.yl)methylbenzofuran-5-yl].2-ethoxypropanoic acid and its salts; ()3-[2-(2,3J-Dihydro- 1, 4 -benzoxazin-4-yl)znethylbenzofuran-5-yl].2-ethoxy. propanoic acid and its-salts; 3-[2-(2,3-Dihydro-1I, 4 -benzoxazin-4-yl)methylbenzofiran-5-yi]-2-ethoxy- propanoic acid and its salts; 3-[2-(2,3-Dihydro-1I, 4 -benzothiazin-4-yl)methylbenzofiran-*s-yl]-2.ethoxy. propanoic acid and its salts; -107- propanoic acid and its salts; [2-(2,3-Dihydro. I 4 -benzothiazin-4-yl)methylbenwfiuran5y]2efioxy. (71 propanoic acid and its salts; ()3-[4-[2-(2,3-Dihydro-1 4 -benzothiazin-4-y1)ethoxy]pheny1].2eth~oxy- 00 propanoic acid and its salts; +)3-[4-[2-(2,3-Dihydro- 1, 4 -benzothiazin-4.yl)ethoxy]phenyl].2-ethoxy- propanoic acid and its salts; IND- 3-[4-[2-(2,3-Dihydro-l1 4-benzothiazin-4.yl)ethoxy]phenyl]-2ethoxy- propanoic acid and its salts; ()3-[4-[2-(2,3-Dihydro-1 4 -benzothiazin-4-yl)ethoxylphenyll..2-ethoxy- propanainide; 3-[4-[2-(2,3-Dihyfro-.1 4 -benzothiazin-4-yl)ethoxy]phenyll2-ethoxy- propanamide; 3-[4-[2-(2,3-Dihydro- 1, 4 -benzothiazin-4-yl)ethoxy]pheniyl]-2-ethoxy. propanamide; ()N-Methyl-3-[4-[2-(2,3-dihydro-1I,4-benzothiazin-4-yl)ethoxy]phenyl]-2- ethoxypropananide; N-Methyl-3-[4-[2-(2,3-dihydro I ,4-benzothiazin-4-yl)ethoxy]phenyl]-2. ethoxypropanamnide; N-Methyl-3-[4.[2..(2,3-dihyclro I ,4-benzothiazin-4-yl)ethoxy]phenyl]-2- ethoxypropanamide; ()3-[4-[2-(2,3-Dihydro-1 4 -benzoxazin-4-yl)ethoxy]phenyl]-2-ethoxy. propanamide; [4-[2-(2,3-Dihydro- 1,4-benzoxazin-4-yl)ethoxy]phenyl]-2-ethoxy. propanamide; ()3-[4-[2-(2,3-Dihydro- 1, 4 -benzoxazin-4-yl)ethoxylphenyl]-2-ethoxy- propanamide; &)N-Methyl-3-[4-[2-(2,3-dihydro- 1 4 -benzoxazin-4-yl)ethoxylphenyl]-2- ethoxypropanainide; N-Methyl-3 -[4-[2-(2,3-dihydro- 1,4-benzoxazin-4-yl)ethoxy]phenyl].2- ethoxypropanaznide; -108- N- (-NMethyl-3-[4-[2-(2,3-dihydro-1 ,4-benzoxazin-4-yI)ethoxy]phenyl]-2- ethoxypropanainide; N-Benzyl-3- [4-[2.(2,3-dihydro-1 ,4-benzoxazin-4-yl)ethoxy]phenyl]-2- c-i ethoxypropananiide; ()N-Benzyl-3-[4-[2-(2,3-dihydro-1 ,.4-benzoxazin-4-yl)ethoxy]phenyl]-2- 00 ethoxypropanamide; ()N-Benzyl-3-[4-[2-(2,3-dihydro-1I,4-benzoxazin-4-yI)ethoxy]phenyl].2- c-i ethoxypropanamide; N-Benzyl-3- [4-[2-(2,3-dihydro- 1,4-benzothiazin-4-yl)ethoxylphenyll-2- ethoxypropanamide; ()N-Benzyl-3-[4-[2-(2,3-dihydro-1I,4-benzothiazin-4-yl)ethoxylphenyl]-2- ethoxypropanamide; N-Benzyl-3- [4-[2-(2,3-dihydro- 1,4-benzothiazin-4-yl)ethoxyjphenyl]-2- ethoxypropanainide; 2-Methyl-3-[4- ,3-dihydro-1I,4-benzoxazin-4-yl)ethoxy]phenyl]-2-ethoxy- propanoic acid and its salts; 2-(2-Fluorobenzyl)-3-[4-[2-(2,3-dihydro- 1,4-benzoxazin-4-yl)ethoxy]phenyl]-2- ethoxypropanoic acid and its salts; 3-[4-[2-(3-Oxo-2H- 1,4-benzoxazin-4-yl)ethoxy]phenyl]-2-ethoxypropanoic acid and its salts; 1,4-benzoxazin-4-yl)ethoxy]phenyl]-2-ethoxypropanoic acid and its salts; 3-[4-[2-(3-Oxo-2H-1 ,4-benzoxazin-4-yl)ethoxy]phenyl]-2-effioxypropaiioic acid and its salts; 3-[4-[2-(3-Oxo-2H- 1,4-benzothiazin-4-yI)etboxy]phenyl]-2-ethoxypropanoic acid and its salts; ()3-.[4-[2-(3-Oxo-2H-1I,4-benzothiazin-4-yI)ethoxy]phenyl]-2-ethoxypropanoic acid and its salts; 1,4-benzothiazin-4-yl)ethoxy]phenyl]-2-ethoxypropanoic acid and its salts; 3-[6-[2-(2,3.Dihydro- 1,4-benzoxazin-4-yl)ethoxy]naphthyl]-2-ethoxy- propanoic acid and its salts; -109- C1 3-[6;-[2-(2,3-Dihydro. I,4-benzoxazin-4-yl)ethoxy]naphthyl]-2-ethoxy- propanoic acid and its salts; ()3-[6-[2-(2,3-Dihydro-1 ,4-benzoxazin-4-yl)ethoxy]naphthyl]-2-ethoxy- C1 propanoic acid and its salts; 3-[6-[2-(2,3-.Dihydro-1 ,4-benzothiazin-4-yl)ethoxylnaphthyl]-2-efioxy- 00 propanoic acid and its salts; ()3-[6-[2-(2,3-Dihydro-1 ,4-benzothiazin-4-yl)ethoxy]naphthyl]-2-ethoxy- propanoic acid and its salts; IND 3-[6-[2-(2,3-Dihydro-1I,4-benzothiazin-4-yI)ethoxy]naphthyl]-2-ethoxy-. propanoic acid and its salts; )3 [2-(2,3-Dihydro-.1 ,4-benzoxazin-4-yl)ethoxy]phenyl]-2-hydroxy- pwopanoic acid and its salts; ()3-[4-[2-(2,3-Dihydro-1 ,4-benzoxazin-4-yl)ethoxy]phenyl]-2-hydroxy- propanoic acid and its salts; is(- 3-[4-[2-(2,3-Dihydro- 1,4-benzoxazin-4-yl)ethoxy]phe nyl]-2-hydroxy- propanoic acid and its salts; ()3-[4-[2-(2,3-Dihydro- 1,4-benzothiazin-4-yl)ethoxy]phenyl]-2-hydroxy- propanoic acid and its salts; ()3-[4-[2-(2,3-Dihydro-1I,4-benzothazin-4-yl)ethoxy]phenyl]-2-hydroxy- propanoic acid and its salts; 3-[4-[2-(2,3-Dihydro- 1 ,4-benzothiazin-4-yl)ethoxy]phenyl]-2-hydroxy- propanoic acid and its salts; 3-[4-[2-(2,3-Dihydro-1I,4-benzoxazin-4-yI)ethoxy]phenyl]-2-benzyloxy- propanoic acid and its salts; ()3-[44[2-(2,3-Dihydro-1I,4-benzoxazin-4-yl)ethoxy]phenyl]-2-benzyloxy- propanoic acid and its salts; 3-[4-[2-(2,3.lDihydro-1I,4-benzoxazin-4-yl)ethoxy]phenyl]-2-benzyloxy- propanoic acid and its salts; U) .3-[4-[2-(2.3)-Dihydro-1I,4-benzoxazin-4-yl)ethoxylphenyl]-2-butoxy- propanoic acid and its salts; [2-(2,3-Dihydro- 1,4-benzoxazin-4-yl)ethoxy]phenyl]-2-butoxy- propanoic acid and its salts; -110- C1 3-[4-[2-(2,3-Dihydro- 1,4-benzoxazin-4-yl)ethoxylphenyl]-2-butoxy- propanoic acid and its salts; [2-(2,3-Dihydro- 1,4-benzoxazin-4-yl)ethoxylphenyl]-2- CI hexyloxypropanoic acid and its salts; [4-[2-(2,3-Dihydro 1 ,4-benzoxazin-4-yl)ethoxy]phenyl]-2- 0C) hexyloxypropanoic acid and its salts; ()3-[4-[2-(2,3-Dihydro-1I,4-benzoxazin-4-yl)ethoxy]phenyl]-2-hexyloxy- propanoic acid and its salts; IND(U) 3-[4-[2-(2,3-Dihydro-1I,4-benzoxazin-4-yl)ethoxy]phenyl]-2-phenoxy- S 10 propanoic acid and its salts; 3-[4-[2-(2,3-Dihydro-1 ,4-benzoxazin-4-yl)ethoxy]phenyl]-2-phenoxy- propanoic acid and its salts; ()3-[4-[2-(2,3-Dihydro- 1,4-benzoxazin-4-yl)ethoxy]phenyl]-2-phenoxy- propanoic acid and its salts; ()3-[4-[2-(2,3-Dihydro-1 ,4-benzothiazin-4-yl)ethoxy]phenylj-2-phenoxy. propanoic acid and its salts; 3-[4-[2-(2,3-Dihydro-1 ,4-benzothiazin-4-yl)ethoxy]phenyl]-2-phenoxy- propanoic acid and its salts; 3-[4-[2-(2,3-Dihydro- 1,4-benzothiazin-4-yl)ethoxyjphenyl]-2-phenoxy- propanoic acid and its salts; Methyl 2-methyl-3-[4-[2-(2,3-dihydro-1I,4-benzoxazin-4-yl)ethoxy]phenyl] -2-phenoxypropanoate; Methyl 2-iethyl-3 -[4-[2-(2,3-dihydro- 1,4-benzoxazin-4-yI)ethoxy]phenyl] -2-phenoxypropanoate; ()Methyl 2-methyl-3-[4-[2-(2,3-dihydro-1I,4-benzoxazin-4-yl)ethoxylphenyl] -2-phenoxypropanoate; ()2-Methyl-3-[4-[2-(2,3-dihydro-1 ,4-benzoxazin-4-yl)ethoxylphenyll-2- phenoxypropanoic acid and its salts; 2-Methyl-3-[4-[2-(2,3-dihydro-1I,4-benzoxazin-4-yl)ethoxylphenyl]-2- -phenoxypropanoic acid and its salts; ()2-Methyl-3-[4-[2-(2,3-dihydro-1 ,4-benzoxazin-4-yl)ethoxy]phenyl]-2- phenoxypropanoic acid and its salts; IND1 ()Methyl 2-methyl-3-[4-[2-(2,3-dihydro-1 ,4-benzothiazin-4-yl)ethoxylphenyl].2- phenoxypropanoate; ()Methyl 2-methyl-3-[4-[2-(2,3-dihydro-1I,4-benzothiazin-4-yl)ethoxy]phenyl].2- C1 phenoxypropanoate; ()Methyl 2-methyl-3-[4-[2-(2,3-dihydro-1I,4-benzothiazin-4-yl)ethoxy]phenyl]-2- 00 phenoxypropanoate; ()2-Methyl-3-[4-[2-(2,3-dihydro- 1,4-benzothiazin-4-yl)ethoxy]phenyl]-2.phenoxy propanoic acid and its salts; IND) 2-Methyl-3-[4-[2-(2,3-dibydro- 1,4-benzothiazin-4-yl)ethoxy]phenyl]-2-phenoxy propanoic acid and its salts; (2-Methyl-3-[4-[2-(2,3-dihydro-1I,4-benzothiazin-4-yl)ethoxylphenyl]-2-phenoxy propanoic acid and its salts; ()4-Nitrophenyl -dihydro-1 ,4-benzothiazin-4-yI)ethoxy]phenyl]-2-ethoxy propanoate; 4-Nitrophenyl 3- [4.[2-(2,3-dihydro- 1,4-benzothiazin-4-yl)ethoxy]phenyl]-2- ethoxy propanoate; ()4-Nitrophenyl 3- [4-[2-(2,3-dihydro-1I,4-benzothiazin-4-yl)ethoxyjphenyl]-2- ethoxy propanoate; ()3-[4-(4-Benzyl-3,4-dihydro-2H-1I,4-benzoxazin-2-yI)methoxyphenyl]-2- ethoxypropanoic acid and its salts; 3-[4-(4-Benzyl-3 ,4-dihydro-2H-1I,4-benzoxazin-2-yI)methoxyphenyl]-2- ethoxypropanoic acid and its salts; (3-[4-(4-Benzyl-3,4-dihydro-2H-1I,4-benzoxazin-2-yl)methoxyphenyl]-2- ethoxypropanoic acid and its'salts; ()4-Nitrophenyl-3-[4-(4-benzyl-3,4+-dihydro-2H-1I,4-benzoxazin-2-yl)methoxy phenyl]-2-ethoxypropanoate; 4-Nitrophenyl-3-[4-(4-benzyl-3,4-dihydro-2H-1I,4-benzoxazin-2-yl)methoxy phenyl]-2-ethoxypropanoate; and ()4-Nitrophenyl-3-[4-(4-benzyl-3,4-dihydro-2H-1 ,4-benzoxazin-2-yl)methoxy phenyl]-2-ethoxypropanoate. 17. A pharmaceutical conmposition which comprises a compound of formula (1)

112- I N-(CH2)(O)Ar (I) c R3 R4'N- 5R Y R'"1 R 4 as defined in claim 1 or 16, and a pharmaceutically acceptable carrier, diluent, excipient 00 or solvate. 18. A pharmaceutical composition as claimed in claim 19, in the form of a tablet, N 5 capsule, powder, syrup, solution or suspension. 19. A method of preventing or treating hypercholesteremia, obesity with beneficial C 1 effects on hyperlipemia, hyperglycemia, osteoporosis, obesity, glucose intolerance, insulin resistance, or diseases in which insulin resistance is the underlying pathophysiological mechanism comprising administering a compound of formula as defined in any one of claims 1-5, 9-11 or 16 or a pharmaceutical composition according to claim 17 or 18 and a pharmaceutically acceptable carrier, diluent, solvate or excipient to a patient in need thereof. A method according to claim 19, wherein the disease is type II diabetes, impaired glucose tolerance, dyslipidemia, disorders related to Syndrome X including hypertension, obesity, insulin resistance, atherosclerosis, hyperlipidemia, coronary artery disease and other cardiovascular disorders; renal diseases including glomerulonephritis, glomerulosclerosis, nephrotic syndrome, or hypertensive nephrosclerosis; psoriasis, polycystic ovarian syndrome (PCOS), dementia, diabetic complications and osteoporosis. 21. A method of reducing total cholesterol, body weight, blood plasma glucose, triglycerides, LDL, VLDL and free fatty acids in the plasma comprising administering a compound of formula as defined in any one of claims 1-5, 9-11 or 16 or a pharmaceutical composition according to claim 17 or 18 to a patient in need thereof. 22. A method of preventing or treating hyperlipemia, hypercholesteremia, hyperglycemia, osteoporosis, obesity, glucose intolerance, leptin resistance, insulin resistance, or diseases in which insulin resistance is the underlying pathophysiological mechanism comprising administering a compound of formula as defined in any one of claims 1-5, 9-11 or 16, or a pharmaceutical composition according to claim 17 or 18 in combination/concomittant with HMG CoA reductase inhibitors, fibrates, -113- nicotinic acid, cholestyramine, colestipol or probucol which may be administered e. together or within such a period as to act synergestically together to a patient in need thereof. 23. A method according to claim 22, wherein the disease is type II diabetes, impaired glucose tolerance, dyslipidaemia, disorders related to Syndrome X such as hypertension, obesity, atheosclerosis, hypperlipidemia, coronary artery disease and 00 other cardiovascular disorders, certain renal diseases including glomerulonephritis, In glomerulosclerosis, nephrotic syndrome, hypertensive nephrosclerosis, retinopathy, C nephropathy, disorders related to endothelial cell activation, psoriasis, polycystic I 10 ovarian syndrome (PCOS), useful as aldose reductase inhibitors, for improving O cognitive functions in dementia and treating diabetic complications, osteoporosis, inflammatory bowel diseases, myotonic dystrophy, pancreatitis, arteriosclerosis, xanthoma and cancer. 24. A method according to claim 23, for the treatment or prophylaxis of disorders related to Syndrome X, which comprises administering a compound of formula in combination with HMG CoA reductase inhibitors, fibrates, nicotonic acid, cholestyramine, colestipol, or probucol which may be administered together or within such a period as to act synergestically together. A method of reducing plasma glucose, triglycerides, total cholesterol, LDL, VLDL and free fatty acids in the plasma, which comprises administering a compound of formula claimed in any one of claims 1-5, 9-11 or 16 or a pharmaceutical composition according to claim 17 or 18, combination/concomittant with HMG CoA reductase inhibitors, fibrates, nicotinic acid, cholestyramine, colestipol or probucol which may be administered together or within such a period as to act synergestically together to a patient in need thereof. 26. A compound of formula (IIIj) RRR R 4 its derivatives, its analogs, its tautomeric forms, its stereoisomers, its polymorphs, its pharmaceutically acceptable salts, its pharmaceutically acceptable solvates, wherein the groups R R, R 4 and the groups R s and R 6 when attached to a carbon atom, may be the same or different and represent hydrogen, halogen, hydroxy, nitro, cyano, formyl -114- or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, cycloalkoxy, aryl, aryloxy, aralkyl, aralkoxy, heterocyclyl, heteroaryl, heteroaralkyl, heteroaryloxy, heteroaralkoxy, acyl, acyloxy, hydroxyalkyl, amino, acylamino, alkylamino, arylamino, aralkylamino, aminoalkyl, alkoxycarbonyl, aryloxycarbonyl, aralkoxycarbonyl, alkoxyalkyl, aryloxyalkyl, aralkoxyalkyl, alkylthio, thioalkyl, alkoxycarbonylamino, aryloxycarbonylamino, aralkoxycarbonylamino, carboxylic acid or its derivatives, or 00oo sulfonic acid or its derivatives; one or both of R 5 and R 6 may represent an oxo group when attached to a carbon atom; R 5 and R 6 when attached to a nitrogen atom represents N hydrogen, hydroxy, formyl or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, cycloalkoxy, aryl, aralkyl, heterocyclyl, heteroaryl, heteroaralkyl, acyl, acyloxy, hydroxyalkyl, amino, acylamino, alkylamino, arylamino, aralkylamino, aminoalkyl, aryloxy, aralkoxy, heteroaryloxy, heteroaralkoxy, alkoxycarbonyl, aryloxycarbonyl, aralkoxycarbonyl, alkoxyalkyl, aryloxyalkyl, aralkoxyalkyl, alkylthio, thioalkyl groups, carboxylic acid derivatives, or sulfonic acid derivatives; X represents a heteroatom selected from oxygen, sulfur or NR' where R" is selected from hydrogen, or optionally substituted alkyl, cycloalkyl, aryl, aralkyl, acyl, alkoxycarbonyl, aryloxycarbonyl, or aralkoxycarbonyl group; the linking group represented by -(CH 2 is attached through a nitrogen atom; and n is an integer ranging from 1-4. 27. A compound of formula (LIIh) RI R2 X R 6 I (CH 2 )n L' R3/ SN R4 its derivatives, its analogs, its tautomeric forms, its stereoisomers, its polymorphs, its pharmaceutically acceptable salts, its pharmaceutically acceptable solvates, wherein the groups R2, R R4, and the groups RS and R6 when attached to a carbon atom, may be the same or different and represent hydrogen, halogen, hydroxy, nitro, cyano, formyl or optionally substituted groups selected from alkyl, cycloalkyl, alkoxy, cycloalkoxy, aryl, aryloxy, aralkyl, aralkoxy, heterocyclyl, heteroaryl, heteroaralkyl, heteroaryloxy, heteroaralkoxy, acyl, acyloxy, hydroxyalkyl, amino, acylamino, alkylamino, arylamino, aralkylamino, aminoalkyl, alkoxycarbonyl, aryloxycarbonyl, aralkoxycarbonyl, alkoxyalkyl, aryloxyalkyl, aralkoxyalkyl, alkylthio, thioalkyl, alkoxycarbonylamino, aryloxycarbonylamino, aralkoxycarbonylamino, carboxylic acid or its derivatives, or sulfonic acid or its derivatives; one or both of RS and R6 may represent an oxo group IN -115- \O O when attached to a carbon atom; R 5 and R 6 when attached to a nitrogen atom represents hydrogen, hydroxy, formyl or optionally substituted groups selected from alkyl, 0 cycloalkyl, alkoxy, cycloalkoxy, aryl, aralkyl, heterocyclyl, heteroaryl, heteroaralkyl, acyl, acyloxy, hydroxyalkyl, amino, acylamino, alkylamino, arylamino, aralkylamino, C 5 aminoalkyl, aryloxy, aralkoxy, heteroaryloxy, heteroaralkoxy, alkoxycarbonyl, aryloxycarbonyl, aralkoxycarbonyl, alkoxyalkyl, aryloxyalkyl, aralkoxyalkyl, alkylthio, OCthioalkyl groups, carboxylic acid derivatives, or sulfonic acid derivatives; X represents a heteroatom selected from oxygen, sulfur or NR" 1 where R" is selected from hydrogen, or optionally substituted alkyl, cycloalkyl, aryl, aralkyl, acyl, alkoxycarbonyl, IN 10 aryloxycarbonyl, or aralkoxycarbonyl group; the linking group represented by -(CH 2 O is attached through a nitrogen atom; and n is an integer ranging from 1-4 and L' is a leaving group.