UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 WASHINGTON, DC 20549 

FORM 8-K

CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
 SECURITIES EXCHANGE ACT OF 1934 


Date of report (Date of earliest event reported) November 1, 2006            
   
CepTor Corporation
(Exact Name of Registrant as Specified in Its Charter)
   
Delaware
(State or Other Jurisdiction of Incorporation)
   
001-32496 11-2897392
(Commission File Number) (IRS Employer Identification No.)
   
200 International Circle, Suite 5100
Hunt Valley, Maryland
21030-1350
(Address of Principal Executive Offices) (Zip Code)
   
(410) 527-9998
(Registrant’s Telephone Number, Including Area Code)
   
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ]      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ]      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))



Item 5.02   Departure of Directors of Principal Officers; Election of Directors; Appointment of Principal Officers.

Effective November 1, 2006, John W. Griffin, M.D. resigned from the Board of Directors of CepTor Corporation (the ‘‘Company’’). Dr. Griffin’s resignation was not as a result of any disagreement with the Company on any matter relating to its operations, policies or practices.




SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


  CEPTOR CORPORATION
Date: November 7, 2006    
     
  By: /s/ William H. Pursley
    William H. Pursley
Chairman and Chief Executive Officer