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EXHIBIT31.2

CERTIFICATION OF THE CHIEF FINANCIAL OFFICERPURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF2002

I, Donald W. Fallon, certifythat:

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|  | (1)  | I have reviewed this quarterly reporton Form 10-QSB of CepTor Corporation; |

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|  | (2)  | Basedon my knowledge, this report does not contain any untrue statement of amaterial fact or omit to state a material fact necessary to make thestatements made, in light of the circumstances under which suchstatements were made, not misleading with respect to the period coveredby this report; |

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|  | (3)  | Based on my knowledge, thefinancial statements, and other financial information included in thisreport, fairly present in all material respects, the financialcondition, results of operations and cash flows of the registrant asof, and for, the periods presented in thisreport; |

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|  | (4)  | The registrant’s othercertifying officer and I are responsible for establishing andmaintaining disclosure controls and procedures (as defined in ExchangeAct Rules 13a-15(e) and 15d-15(e)) for the registrant andhave: |

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|  | a)  | Designed such disclosure controls andprocedures, or caused such disclosure controls and procedures to bedesigned under our supervision, to ensure that material informationrelating to the registrant, including its consolidated subsidiaries, ismade known to us by others within those entities, particularly duringthe period in which this report is beingprepared; |

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|  | b)  | Evaluated the effectiveness of theregistrant’s disclosure controls and procedures and presented inthis report our conclusions about the effectiveness of the disclosurecontrols and procedures, as of the end of the period covered by thisreport based on such evaluation; and |

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|  | c)  | Disclosedin the report any change in the registrant’s internal controlover financial reporting that has occurred during theregistrant’s most recent fiscal quarter (the registrant’sfourth fiscal quarter in the case of the annual report) that hasmaterially affected, or is reasonably likely to materially affect, theregistrant’s internal control over financial reporting;and |

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|  | (5)  | The registrant’s other certifyingofficer and I have disclosed, based on our most recent evaluation ofinternal control over financial reporting, to the registrant’sauditors and the audit committee of the registrant’s board ofdirectors (or persons performing the equivalentfunctions): |

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|  | a)  | All significant deficiencies inthe design or operation of internal control over financial reportingwhich are reasonably likely to adversely affect the registrant’sability to record, process, summarize and report financial information;and |

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|  | b)  | Any fraud, whether or not material, thatinvolves management or other employees who have a significant role inthe registrant’s internal control over financialreporting. |

Date: September 5,2006

|  |             /s/ DonaldW. Fallon            Donald W.Fallon |
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