UPDATE: Mazzo placed on administrative leave following indictment

Versant Ventures has confirmed that James V. Mazzo, former CEO of Advanced Medical Optics, has been placed on administrative leave following a grand jury indictment on insider trading charges.“Upon learning of the indictment of Mr. Mazzo, Versant and Mr. Mazzo have mutually agreed that he will suspend any activities as a Versant operating partner until he has resolved the legal matters. We have no other comment,” William J. Link, PhD, Managing Director of Versant Ventures, wrote in an email to Ocular Surgery News.