A new isochromene derivative (1), was isolated from the endophytic fungus Nigrospora sphaerica and chemically identified as 3-(3,4-dihydroxyphenyl)-4,6,8-trihydroxy-1 H-isochromen-1- one-6-O-b-D-glucopyranoside. In addition nineteen known compounds (2 – 20) have been isolated and were chemically identified to be seven ergosterol derivatives (2 – 8), 4-(hydroxymethyl)-3,5- dimethyl dihydrofuran-2(3 H)-one (9), 3-(1-hydroxyethyl)-4-methyl dihydrofuran-2(3 H)-one (10), uridine (11), adenosine (12), 3-benzylhexahydropyrrolo[1,2-a]pyrazine-1,4-dione (13), 3-methylhexahydro pyrrolo [1,2-a]pyrazine-1,4-dione (14), methyl 4-hydroxybenzoate (15), 4-(2-hydro-xyethyl)phenol (16) and four fatty acids (17 – 20). In vitro antioxidant activities of (1 – 20) were examined. The antioxidant activity was expressed in terms of CAA units. Compounds 1, 13 and 14 showed activities as shown in the table: