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IGI REPORTS LICENSING AGREEMENT WITH AQUALON UNIT OF HERCULES

 IGI REPORTS LICENSING AGREEMENT WITH AQUALON UNIT OF HERCULES
 VINELAND, N.J., Feb. 28 /PRNewswire/ -- IGI, Inc. (AMEX: IG) announced today that its majority-owned subsidiary, Micro Vesicular Systems, Inc. (MVS), has agreed to a licensing agreement with Aqualon, a Hercules Incorporated (NYSE: HPC) unit, for exclusive rights to MVS' Ultrasponge(TM) biodegradable superabsorbent material technology.
 IGI, Inc. is a diversified, profitable biotechnology company. Its majority-owned subsidiary, Micro Vesicular Systems, Inc., has created novel patented technologies for lipid vesicle (Novasome/TM/) microencapsulation and biodegradable hydrogels (Ultrasponge/TM/). These are being developed for a wide variety of commercial applications.
 IGI's Vineland Laboratories, EVSCO Pharmaceuticals and Tomlyn Products divisions produce and sell poultry vaccines, small animal pharmaceuticals and pet care products worldwide.
 Novasome and Ultrasponge are trademarks of a subsidiary of IGI, Inc.
 -0- 2/28/92
 /CONTACT: Michael Dodge of IGI, 609-691-2411, or Thomas Redington of Redington Inc., 203-222-7399, for IGI, or James R. Rapp, 302-594-6399, or Donald R. Kirtley, 302-594-6918, or Israel J. Floyd, 302-996-2080, all of Aqualon/
 (IG HPC) CO: IGI Inc.; Hercules Incorporated ST: New Jersey IN: MTC SU: LIC


CK-TS -- NY035 -- 3727 02/28/92 12:46 EST
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Publication:PR Newswire
Date:Feb 28, 1992
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