FDAnews
www.fdanews.com/articles/84666-cephalon-s-profit-down-misses-forecasts

CEPHALON'S PROFIT DOWN, MISSES FORECASTS

February 17, 2006

Cephalon Inc. yesterday reported lower profits and missed Wall Street expectations, but recent settlements of patent litigation involving its biggest-selling drug mean the company will have more years of exclusive sales. The Frazer drug company said it earned $18.1 million, or 30 cents a share, in the fourth quarter, compared with $78.1 million, or $1.23 a share, in the quarter a year ago. Revenue was $336.4 million, up from $299 million in the year-earlier quarter.
Philadelphia Inquirer