ANALYST COVERAGE

Endocyte, Inc. is covered by the following analysts.

Firm Analyst
Cowen and Company
Boris Peaker, Ph.D.
Wedbush PacGrow Life Sciences
David M. Nierengarten, Ph.D.

Endocyte, Inc. is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Endocyte, Inc.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Endocyte, Inc. or its management. Endocyte, Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.