FRAZER, Pa., May 2, 2011 /PRNewswire/ -- Cephalon, Inc. (Nasdaq: CEPH) is scheduled to release its first quarter 2011 results via PR Newswire after the market close (approximately 4:10 p.m.) on Tuesday, May 3, 2011. In light of the previously announced acquisition by Teva Pharmaceutical Industries Ltd., Cephalon will no longer be holding a conference call to discuss the first quarter 2011 results.

Cephalon Contacts:

Media:

Fritz Bittenbender
O: 1 610 883 5855
C: 1 610 457 7041
fbittenb@cephalon.com

Natalie de Vane
O: 1 610 727 6536
C: 1 610 999 8756
ndevane@cephalon.com

Steve Lipin/Jennifer Lowney
Brunswick Group
O: 1 212 333 3810

Investors:
Cephalon Contacts

Chip Merritt
O: 1 610 738 6376
cmerritt@cephalon.com

Joseph Marczely
O: 1 610 883 5894
jmarczely@cephalon.com

Alan Miller / Scott Winter
Innisfree M&A Incorporated
O: 1 212 750 5833

SOURCE Cephalon, Inc.