|Cowen and Company||Joshua Jennings, M.D.
|H.C. Wainwrights & Co.||Swayampakula Ramakanth, Ph.D.|
Alliqua BioMedical, Inc. is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Alliqua BioMedical, Inc.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Alliqua BioMedical, Inc. or its management. Alliqua BioMedical, Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.