Press Release 2007

                                                                      PsychoGenics Announces Drug Discovery Agreement with Cephalon

                                                                      Tarrytown, NY, November 7, 2007 - PsychoGenics Inc. today announced that it has entered into a drug discovery agreement with Cephalon, Inc. The agreement provides that Cephalon will supply compounds that are prospectively suitable for neuropsychiatric disorders to PsychoGenics for evaluation using its proprietary drug discovery technologies.Read More.