The present review article explains fish toxins from different species with their pharmaceutical and therapeutic uses. Fish stinging is a major problem in coastal areas as it exerts severe toxic effects mainly in fishermen, locals, and tourists. Fish toxins cause severe pain that radiates up in the limbs and regional lymphatics. These also impose venular stasis, hemorrhage and make changes in the arteriolar wall diameter. Fish toxins target ion-channels, ligand-gated channels and G-protein coupled receptors present in body cells and obstructs their physiological and metabolic functions. They affect molecules that participate in signaling pathways, and cause hemolytic, cardiovascular, and make obstruction in nerve function and smooth muscle contraction. For quick neutralization, fish venom-induced effects in victim’s toxin-specific antibodies are used. These quickly provide relief from pain, minimize the symptoms, and stop the immediate inflammatory reaction. Fish venom toxins are of wider biomedical applications and can be used for the preparation of immune diagnostics, bio-pesticides, anticancer agents, and analgesics by using its biological information.