Cephalon

Cephalon, Inc. is a U.S. biopharmaceutical company co-founded in 1987 by Dr. Frank Baldino, Jr., a pharmacologist and former scientist with the DuPont Company, who served as the company’s chairman and chief executive officer until his death in December 2010. The company’s name comes from the adjective “cephalic” meaning “related to the head or brain,” and it was established primarily to pursue treatments for neurodegenerative diseases.

A deal was announced in May 2011 under which Cephalon would be acquired by Teva Pharmaceutical Industries in a deal valued at $6.8 billion.