New Jersey-based formulation and manufacturing company, IGI Laboratories, Inc., and NeoStrata Company, Inc., headquartered in Princeton, New Jersey, have extended their Turnkey Manufacturing Services agreement for three-year.

Under the terms of the extension, IGI Laboratories, Inc. (IGI) will continue supplying NeoStrata Company, Inc. (NeoStrata) with fully-packaged, market-ready skin care products that will be available worldwide through consumer outlets, physicians’ offices and spas.

“Our partnership with NeoStrata continues to flourish” commented IGI president and CEO Charlie Moore “We are pleased to secure this relationship for the next three years. We are committed to supporting NeoStrata as a consistent, reliable, supplier of quality products and services.”

Hany Salama, NeoStrata’s vice president of operations, stated “this extension of our partnership is a result of our ever growing strategic relationship with IGI as a key provider of NeoStrata’s core product line. IGI’s excellence in supply and quality management makes them a compatible partner for our long-term sustainability and growth,” said Salama.  “Over the past few years, IGI has invested in their personnel and their operations, which have been integral to our expansion initiatives,” he noted.  “IGI’s knowledgeable team is always developing innovative methods to support our business needs and we are pleased to leverage this expertise by continuing our partnership with them.”

IGI Laboratories is focused in the development and commercialization of products for the dermatology market. IGI’s vision is to become a leading player in the field of dermatology, with a significant presence in the pharmaceutical, OTC and cosmetic skin care markets.