CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

The Board of Directors

NewLink Genetics Corporation:

We consent to the incorporation by reference in the registration statement (No. 333-178032) on Form S-8 of NewLink Genetics Corporation of our report dated March 29, 2012, with respect to the consolidated balance sheets of NewLink Genetics Corporation and subsidiary (a development stage enterprise) as of December 31, 2011 and 2010, and the related consolidated statements of operations, equity (deficit) and cash flows for each of the years in the three-year period ended December 31, 2011, and for the period from June 4, 1999 (inception) through December 31, 2011, which report appears in the December 31, 2011 annual report on Form 10-K of NewLink Genetics Corporation.

Des Moines, Iowa

March 29, 2012