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Tuesday, November 30, 2010

OTCBB Penny Stock: INSV Stock News

OTCBB Penny Stock: INSV Stock News:
"Nov. 30, 2010 (Business Wire) -- InSite Vision Incorporated (OTCBB:INSV stock news), a company developing novel ophthalmic therapeutics, has appointed Timothy Ruane as Chief Executive Officer (CEO) and elected Mr. Ruane to its Board of Directors, effective December 1, 2010. Louis Drapeau, InSite Vision’s interim Chief Executive Officer, will continue to serve in his role as the company’s Chief Financial Officer.

Mr. Ruane, age 47, is a dedicated pharmaceutical executive who most recently led the transformation of Tekmira Pharmaceuticals Corporation, a publicly-traded company, into a leader in the development of RNA interference (RNAi)-based pharmaceuticals. With more than 24 years experience in the biopharmaceutical industry, Mr. Ruane has successfully partnered a significant number of therapeutic products and brings strong skills in business development, commercial operations, marketing, as well as public market expertise.

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