InSite Vision Announces Departure of Evan S. Melrose, M.D. from its Board of Directors

ALAMEDA, Calif.--(BUSINESS WIRE)--InSite Vision Incorporated (OTCBB: INSV) today announced that Evan S. Melrose, M.D., has resigned from the company’s Board of Directors. Dr. Melrose is a Managing Director of PTV Sciences, a healthcare venture capital fund he co-founded in January 2003, and he is also the Founding Managing Director of Spindletop Healthcare Capital, a healthcare venture capital firm established in May 2011. InSite has initiated a search for a replacement for Dr. Melrose on the Board. The total number of InSite Vision Board members is six.