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Exhibit 12.1

Cephalon, Inc.
Computation of Ratio of Earnings to Fixed Charges
(Amounts in thousands of dollars)

	2001			2002		2003		2004			2005
Pre-tax income (loss) from continuing operations	$	(55,484	)	$	62,433	$	130,314	$	(28,184	)	$	(245,118	)
Fixed charges:
Interest expense and amortization of debt discount and premium on all indebtedness		20,630			38,215		28,905		22,186			25,235
Capitalized interest		—			—		—		—			1,044
Appropriate portion of rentals		1,092			1,433		2,286		3,437			5,750
Preferred stock dividend requirements of consolidated subsidiaries		5,664			—		—		—			—
Total fixed charges		27,386			39,648		31,191		25,623			32,029
Pre-tax income (loss) from continuing operations, plus fixed charges, less capitalized interest and preferred stock dividend requirements of consolidated subsidiaries	$	(33,762	)	$	102,081	$	161,505	$	(2,561	)	$	(214,133	)
Ratio of earnings to fixed charges(1)		—			2.57		5.18		—			—

(1)

For the years ended December 31, 2001, 2004 and 2005 no ratios are provided because earnings were insufficient to cover fixed charges and fixed charges and preferred dividends, respectively.

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Cephalon, Inc. Computation of Ratio of Earnings to Fixed Charges (Amounts in thousands of dollars)