Exhibit 31.2

                                CERTIFICATION

                                     OF

                              DOMENIC N. GOLATO

                           CHIEF FINANCIAL OFFICER

                                     OF

                                  IGI, INC.

                        -----------------------------

I, Domenic N. Golato, Chief Financial Officer of IGI, Inc., certify that:

1.    I have reviewed this quarterly report on Form 10-Q of IGI, Inc.;

2.    Based on my knowledge, this report does not contain any untrue
      statement of a material fact or omit to state a material fact
      necessary to make the statements made, in light of the circumstances
      under which such statements were made, not misleading with respect to
      the period covered by this report;

3.    Based on my knowledge, the financial statements, and other financial
      information included in this report, fairly present in all material
      respects the financial condition, results of operations and cash
      flows of the registrant as of, and for, the periods presented in this
      report;

4.    The registrant's other certifying officer and I are responsible for
      establishing and maintaining disclosure controls and procedures (as
      defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the
      registrant and have:

      a)    designed such disclosure controls and procedures, or caused
            such disclosure controls and procedures to be designed under
            our supervision, to ensure that material information relating
            to the registrant, including its consolidated subsidiaries, is
            made known to us by others within those entities, particularly
            during the period in which this report is being prepared;

      b)    evaluated the effectiveness of the registrant's disclosure
            controls and presented in this report our conclusions about the
            effectiveness of the disclosure controls and procedures as of
            the end of the period covered by this report based on such
            evaluation; and

      c)    disclosed in this report any change in the registrant's
            internal control over financial reporting that occurred during
            the registrant's most recent fiscal quarter that has materially
            affected or is reasonably likely to materially affect, the
            registrant's internal control over financial reporting; and

5.    The registrant's other certifying officer and I have disclosed, based
      on our most recent evaluation of internal control over financial
      reporting, to the registrant's auditors and the audit committee of
      registrant's board of directors:

      a)    all significant deficiencies and material weaknesses in the
            design or operation of internal control over financial
            reporting which are reasonable likely to adversely affect the
            registrant's ability to record, process, summarize and report
            financial data; and

      b)    any fraud, whether or not material, that involves management or
            other employees who have a significant role in the registrant's
            internal controls.


Date:    November 12, 2003


                                       /s/ Domenic N. Golato
                                       ---------------------
                                       Domenic N. Golato
                                       Chief Financial Officer


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