<PAGE> 1
EXHIBIT 99.2
DETACH HERE
PROXY
ANESTA CORP.
PROXY SOLICITED BY THE BOARD OF DIRECTORS FOR
SPECIAL MEETING OF STOCKHOLDERS
OCTOBER 10, 2000
The undersigned, revoking all other prior proxies heretofore given, hereby
constitutes and appoints Thomas B. King and William C. Moeller, or any of them,
each with full power of substitution, as proxy to represent and vote all
shares of Common Stock, par value $0.01 per share (the "Common Stock") of
Anesta Corp. (the "Company") owned by the undersigned at the Special Meeting to
be held on October 10, 2000 and any adjournments or postponements thereof.
THE SHARES REPRESENTED HEREBY WILL BE VOTED IN ACCORDANCE WITH THE DIRECTIONS
GIVEN IN THIS PROXY. IF NOT OTHERWISE DIRECTED HEREIN, SHARES REPRESENTED BY
THIS PROXY WILL BE VOTED FOR ITEM 1 (APPROVAL OF MERGER). IF ANY OTHER MATTERS
ARE PROPERLY BROUGHT BEFORE THE MEETING, AND WITH RESPECT TO MATTERS INCIDENT
TO THE CONDUCT OF THE MEETING, PROXIES WILL BE VOTED ON SUCH MATTERS AS THE
PROXY NAMED HEREIN, IN HIS SOLE DISCRETION, MAY DETERMINE.
SEE REVERSE PLEASE MARK, SIGN, DATE AND MAIL PROMPTLY SEE REVERSE
SIDE IN THE ENCLOSED ENVELOPE SIDE
<PAGE> 2
DETACH HERE
PLEASE MARK
[X] VOTES AS IN
THIS EXAMPLE.
THE BOARD OF DIRECTORS RECOMMENDS A VOTE FOR ITEM 1 TO BE
VOTED UPON AT THE MEETING:
PLEASE MARK, SIGN, DATE AND MAIL PROMPTLY IN THE ENCLOSED ENVELOPE.
<TABLE>
<CAPTION>
FOR AGAINST ABSTAIN
<S> <C> <C> <C>
1. To approve and adopt the merger of Anesta Corp. with Cephalon, Inc. [ ] [ ] [ ]
pursuant to the Agreement and Plan of Merger, dated as of July 14, 2000,
among Anesta Corp., C Merger Sub. Inc. and Cephalon, Inc., under which
Anesta Corp. would be merged with and into C Merger Sub. Inc. and Anesta
Corp. would survive as a wholly-owned subsidiary of Cephalon, Inc.
2. To vote on such other matters that may properly come before the meeting.
</TABLE>
NOTE: Please sign exactly as name appears
hereon. Please manually date this card.
Joint owners should each sign. When signing
as attorney, executor, administrator,
trustee or guardian, please give full title
as such.
Signature: Date: Signature: Date:
------------------- ---- ------------------- ----