ALAMEDA, Calif.--(BUSINESS WIRE)--InSite Vision Incorporated (OTCBB:INSV) today reported financial results for the second quarter ended June 30, 2011. Total revenue for the second quarter of 2011 was $3.1 million with a net loss of $2.8 million. InSite Vision had cash, cash equivalents and short-term investments of $12.1 million as of June 30, 2011, reflecting cash usage of $1.7 million in the second quarter 2011. The Company completed an equity financing for a net amount of approximately $20.2 million in July 2011.
