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Analyst Coverage

Lipocine Inc. is covered by the following analysts.

Analyst Coverage
Firm Analyst
Canaccord Genuity, Inc.
Corey Davis
Phone: 212-389-8045
Ladenburg Thalmann & Co. Inc.
Matt Kaplan
Phone: 212-409-2000
Zacks Investment Research, Inc.
Jason Napodano, CFA
Phone: 312-265-9421

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