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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 sBZqONlSqBTJthrGsYc/8A==

<SEC-DOCUMENT>0001209191-06-026140.txt : 20060428
<SEC-HEADER>0001209191-06-026140.hdr.sgml : 20060428
<ACCEPTANCE-DATETIME>20060428164610
ACCESSION NUMBER:		0001209191-06-026140
CONFORMED SUBMISSION TYPE:	5
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20051231
FILED AS OF DATE:		20060428
DATE AS OF CHANGE:		20060428

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			IGI INC
		CENTRAL INDEX KEY:			0000352998
		STANDARD INDUSTRIAL CLASSIFICATION:	BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836]
		IRS NUMBER:				010355758
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		WHEAT RD AND LINCOCN AVE
		STREET 2:		P O BOX 687
		CITY:			BUENA
		STATE:			NJ
		ZIP:			08310
		BUSINESS PHONE:		6096971441

	MAIL ADDRESS:	
		STREET 1:		WHEAT ROAD AND LINCOCN AVE
		STREET 2:		P O BOX 687
		CITY:			BUENA
		STATE:			NJ
		ZIP:			08310

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	IMMUNOGENETICS INC
		DATE OF NAME CHANGE:	19870814

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Mathur Rajiv
		CENTRAL INDEX KEY:			0001346999

	FILING VALUES:
		FORM TYPE:		5
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08568
		FILM NUMBER:		06790776

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		908-806-8510

	MAIL ADDRESS:	
		STREET 1:		35 MILESTONE DR.
		CITY:			RINGOES
		STATE:			NJ
		ZIP:			08551
</SEC-HEADER>
<DOCUMENT>
<TYPE>5
<SEQUENCE>1
<FILENAME>doc5.xml
<DESCRIPTION>FORM 5 SUBMISSION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>5</documentType>

    <periodOfReport>2005-12-31</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <form3HoldingsReported>0</form3HoldingsReported>

    <form4TransactionsReported>1</form4TransactionsReported>

    <issuer>
        <issuerCik>0000352998</issuerCik>
        <issuerName>IGI INC</issuerName>
        <issuerTradingSymbol>IG</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001346999</rptOwnerCik>
            <rptOwnerName>Mathur Rajiv</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>35 MILESTONE DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>RINGOES</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>08551</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Stock Option</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>1.06</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2005-09-12</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness>
                <value>L</value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>15000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2005-12-09</value>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2015-09-11</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>15000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>15000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">At grant the options were to vest in full on 9/12/2006, except that vesting was accelerated in December, 2005 so that the options vested on December 9, 2005.</footnote>
        <footnote id="F2">Not applicable.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/ Rajiv Mathur</signatureName>
        <signatureDate>2006-04-28</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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