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IGI REPORTS DEVELOPMENTS WITH ESTEE LAUDER AND JOHNSON & JOHNSON

 BUENA, N.J., Oct. 15 /PRNewswire/ -- IGI, Inc. (AMEX: IG) today announced Estee Lauder will launch a third Prescriptives "All You Need" product. Separately, IG also announced today that Johnson & Johnson (NYSE: JNJ) has extended its 1991 license agreement with IGI.
 The new Lauder Prescriptives product, "All You Need for Drier Skin", is expected to have a January launch and be supported by a multi-million dollar
advertising and promotional budget. This is the third "All You


Need" product developed with IG's patented Novasome(R) technology. Lauder is expected to develop additional new products based on IGI's technology.
 James Bunn, vice president and general manager of Prescriptives, said, "We set lofty goals last year, and we met them. We brought in more repeat business than we've ever seen with a Prescriptives product, and we definitely established ourselves in the skin care arena."
 Jane Hertzmark, Prescriptives vice president of marketing, said, "All You Need has become the engine that is pulling our skin care business along."
 IG said that its agreement with Johnson & Johnson has moved from the development phase to a license maintenance phase. Under this agreement J&J may develop and sell certain consumer skin care products using IG's patented Novasome vesicle encapsulation technology.
 IGI, Inc., is a diversified company engaged in the development, production and marketing of animal care products, cosmetics, consumer products and human pharmaceuticals.
 -0- 10/15/93
 /CONTACT: Michael Dodge of IGI Inc., 609-697-1441, or Steven Bruce or Rick Stockton of Abernathy/MacGregor/Scanlon, 212-371-5999/
 (IG JNJ)


CO: IGI, Inc.; Estee Lauder; Johnson & Johnson ST: New Jersey IN: MTC SU: JVN

MP -- NY017 -- 2625 10/15/93 09:42 EDT
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Publication:PR Newswire
Date:Oct 15, 1993
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