Phenolics have been found to possess potent biological activities including hypolipidemic, anticancer, anti-HIV, anti-malarial and anti-asthmatic activities. Similarly resveratrol, a trihydroxy-(E)-stilbene has been shown to act as an effective AhR antagonist and is in advanced stage of clinical trial for treatment of various cancer. Similarly neolignans show antioxidant and cytotoxic activities (such as podophylotoxin shows anticancerous activity). Besides their pharmacological importance, phenolics are also widely employed as flavors, pigments, and nutritional components in the food...