POWER OF ATTORNEY



 The undersigned hereby constitutes and appoints Brian F. Sullivan,

Vicky Hahne, Eric O. Madson or Joseph Schauer, or either of them acting

alone, the undersigned's true and lawful attorneys-in-fact and agent

with full power of substitution and resubstitution, for the

undersigned and in the undersigned's name, place and stead, in

any and all capacities, to sign any or all Forms 3, 4 and 5

relating to beneficial ownership of securities of Celcuity Inc.

(the "Issuer"), to file the same, with all exhibits thereto

and other documents in connection therewith, with the Securities

and Exchange Commission and to deliver a copy of the same to the Issuer,

granting unto said attorney-in-fact and agent full power and authority to

do and perform each and every act and thing requisite and necessary to be

done in and about the premises, as fully to all intents and purposes as

the undersigned might or could do in person, hereby ratifying and

confirming all said attorneys-in-fact and agent, or his substitute or

substitutes, may lawfully do or cause to be done by virtue thereof.  The

undersigned acknowledges that the foregoing attorney-in-fact, in serving

in such capacity at the request of the undersigned, is not assuming any

of the undersigned's responsibilities to comply with Section 16 of the

Securities Exchange Act of 1934.



 This Power of Attorney shall remain in effect until such time as

the undersigned is no longer subject to the provisions of Section 16 of

the Securities Exchange Act or 1934 with respect to securities of the

Issuer.



 IN WITNESS WHEREOF, the undersigned has caused this Power of

Attorney to be executed as of this 30th day of August 2017.



     /s/ David F. Dalvey