InSite Vision Reports Third Quarter 2010 Financial Results
ALAMEDA, Calif.--(BUSINESS WIRE)--InSite Vision Incorporated (OTCBB:INSV) today reported operating and financial results for the quarter ended September 30, 2010. Total revenue for the third quarter of 2010 was $3.2 million with an operating income of $0.2 million and a net loss of $2.3 million. As of September 30, 2010, cash, cash equivalents and marketable securities totaled $17.6 million. Corporate and Commercial Updates In August 2010, InSite Vision commenced a Phase 1/2 clinical trial of IS