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Analyst Coverage

Firm	Analyst
Baird	Chris Raymond
Cowen and Company	Simos Simeonidis, Ph.D.
Credit Suisse	Jason Kantor, PhD
Leerink Swann	Howard Liang, Ph.D.
RBC Capital Markets	Adnan Butt
ROTH Capital Partners, LLC	Robert (Bert) Hazlett
Wedbush PacGrow Life Sciences	Gregory R. Wade, Ph.D

Endocyte, Inc. is followed by the analyst(s) 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.