Exhibit 23.1

                       CONSENT OF INDEPENDENT ACCOUNTANTS

              We consent to the incorporation by reference in this Registration
         Statement of IGI, Inc. on Form S-8 of our report, dated March 31, 1995,
         on our audits of the consolidated financial statements and financial
         statement schedules of IGI, Inc. as of December 31, 1994 and 1993, and
         for the years ended December 31, 1994, 1993 and 1992, which report is
         included in the Annual Report on Form 10-K incorporated by reference
         into this Registration Statement.



         Coopers & Lybrand L.L.P.
         Philadelphia, Pennsylvania
         April 7, 1995