UNITED STATES
                     SECURITIES AND EXCHANGE COMMISSION
                           WASHINGTON, D.C.  20549

                                  FORM 8-K

            CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                           SECURITIES ACT OF 1934

     Date of Report (date of earliest event reported):  August 12, 2003

                                  IGI, INC.
           (Exact name of registrant as specified in its charter)

            DELAWARE                  1-08568              01-0355758
(State or other jurisdiction of     (Commission          (IRS Employer
 incorporation or organization)     File Number)     Identification Number)

           105 LINCOLN AVENUE                               08310
           BUENA, NEW JERSEY
(Address of principal executive offices)                   (Zip Code)

                               (856) 697-1441
            (registrant's telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act
of 1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days.

                             Yes [X]      No [ ]

          SPECIAL NOTE REGARDING CERTAIN STATEMENTS AND REFERENCES

      Statements in this Current Report on Form 8-K, as well as the
statements set forth in the annexed exhibit incorporated herein by reference,
and any other documents referred to in this Report, contain certain forward-
looking statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Any statements that are not statements of historical fact
(including statements containing the words "believes," "plans,"
"anticipates," "expects," "estimates" and similar expressions) should also be
considered to be forward-looking statements. There are a number of important
factors that could cause actual results or events to differ materially from
those indicated by such forward-looking statements, including, without
limitation, IGI's ability to realize anticipated benefits and opportunities
and to implement successfully proposed strategies; competitive pressures; and
the other factors described in IGI's Annual Report on Form 10-K for the year
ended December 31, 2002, which factors are incorporated herein by reference.
The Company cautions readers to consider carefully these and other such
factors. Further, such forward-looking statements speak only as of the date
on which such statements are made. The Company disclaims any intention or
obligation to update forward-looking statements as a result of developments
occurring after the date of this document.





      The Company's Web site address is www.askigi.com. References, if any,
in this Current Report on Form 8-K and the exhibits hereto, if any, to
www.askigi.com, any variations thereof or any other uniform resource locator,
or URL, are inactive textual references only. The information on the
Company's Web site or at any other URL is not incorporated by reference into
this Current Report on Form 8-K and should not be considered to be a part of
this document.


Item 9 and Item 12.


      The following information is furnished pursuant to Item 9, "Regulation
FD Disclosure" and Item 12, "Results of Operations and Financial Condition".

      On August 12, 2003, IGI, Inc. ("IGI") issued a press release setting
forth IGI's second-quarter 2003 results.  A copy of IGI's press release is
attached hereto as Exhibit 99.1 and hereby incorporated by reference.


Exhibit Index

99.1  Press release dated August 12, 2003, issued by IGI, Inc.


                                  SIGNATURE
                                  ---------

      Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.


                                            IGI, Inc.



                                       By: /s/Domenic N. Golato
                                           --------------------------------
                                           Domenic N. Golato
                                           Chief Financial Officer &
                                           Senior Vice President

Dated: August 15, 2003


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