The pharmaceutical interest in sponges arouse in the early 1950s with the discovery of spongothymidine and spongouridine nucleosides from marine sponge cryptotethia crypta  These were the basis for the synthesis of Ara-C which is the first marine derived anticancer compound and Ara- A the antiviral drug [5, 6]. Ara-c is used for the treatment of leukaemia and lymphoma, the derivatives of Ara-C is used for various cancer types. It has been found that the lipid components such as fatty acids, sterols and other unsaponifiable compounds occur in lower invertebrates than higher animals.