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The Knoevenagel condensation is one of the important reaction in organic synthesis. In this reaction aromatic aldehydes were reacted with numerous active methylene groups like ethyl acetoacetate, malanonitrile, diethyl malonate etc. It shows number of applications in various areas like drugs, cosmetics, perfumes, insecticides, herbicides, polymers. It has shown significant biological activities like ECG receptor, antiproliferative effects on keratinocytes. It is also useful in the synthesis of fine chemicals and various biologically active heterocyclic compounds.