Exhibit 23


                       CONSENT OF INDEPENDENT ACCOUNTANTS



     We consent to the incorporation by reference in the Registration Statements
of IGI, Inc. on Form S-8 (No. 2-90713),  on Form S-8 and S-3 (No. 33-35047),  on
Form S-8 and S-3 (No. 33-43212),  on Form S-3 (No.  33-47777),  on Form S-3 (No.
33-54920),  on Form S-8 (No. 33-63700),  on Form S-8 (No. 33-65706), on Form S-8
(No. 33-58479), on Form S-8 (No. 33-65249), on Form S-3 (No. 333-27173), on Form
S-8  (No.  333-28183),  on  Form  S-8  (No.  333-65553)  and on  Form  S-8  (No.
333-67565), of our report dated March 31, 1999 on our audits of the consolidated
financial   statements  and  financial  statement  schedule  of  IGI,  Inc.  and
subsidiaries  as of December 31, 1998 and 1997, and for the years ended December
31, 1998, 1997, and 1996, which report is included in this Annual Report on Form
10-K.


/s/ PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP
Philadelphia, Pennsylvania
March 31, 1999


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