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Cephalon to Webcast Investor Day
Date:11/12/2010

FRAZER, Pa., Nov. 12, 2010 /PRNewswire-FirstCall/ --Cephalon, Inc. (Nasdaq: CEPH) today announced that its Investor Day in New York City, to be held on November 18, 2010, will be webcast live on the investor relations section of its website at www.cephalon.com.

Cephalon's senior management will review the company's business strategy, marketing plan and research and development initiatives.  The presentation will be delivered on Thursday, November 18, 2010, beginning at 12:00 noon and ending at approximately 3:00 p.m. EST.  To access the webcast, log on to the company's website at www.cephalon.com and click on "Investors," then "Webcast."  Click on the link and follow the prompts for registration and access. The webcast replay will be available for one week following the broadcast.  

About Cephalon, Inc.Cephalon is a global biopharmaceutical company dedicated to discovering, developing and bringing to market medications to improve the quality of life of individuals around the world.  Since its inception in 1987, Cephalon has brought first-in-class and best-in-class medicines to patients in several therapeutic areas.  Cephalon has the distinction of being one of the world's fastest-growing biopharmaceutical companies, now among the Fortune 1000 and a member of the S&P 500 Index, employing approximately 4,000 people worldwide.  The company sells numerous branded and generic products around the world. In total, Cephalon sells more than 150 products in nearly 100 countries.
More information on Cephalon and its products is available at http://www.cephalon.com

In addition to historical facts or statements of current condition, this press release may contain forward-looking statements. Forward-looking state
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