| 21. | Cephalon is developing the drug jointly with Chiron Corp.
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| 22. | Cephalon said it hopes to file for approval for Myotrophin in early 1996.
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| 23. | A third clinical trial could take Cephalon at least another year to conduct.
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| 24. | Trading in Cephalon and Chiron shares was halted as the committee met today.
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| 25. | West Chester, Pennsylvania-based Cephalon declined to comment on the speculation.
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| 26. | Rival Cephalon Inc . has also developed a drug to treat the disease.
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| 27. | Cephalon plans to pay for the options with 500, 000 new shares.
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| 28. | Cephalon's Buchi described that dilution as minimal.
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| 29. | Cephalon said the options would expire within about six months of their inception.
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| 30. | This argument hardly applies in Cephalon's case.
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