InSite Vision (US) has announced that Louis Drapeau, its vice-president and chief financial officer, has been appointed interim CEO. Dr S Kumar Chandrasekaran will step down as CEO, effective immediately. Mr Drapeau will lead the company's day-to-day operations while retaining his CFO responsibilities; the search for a CEO has begun. In addition, Dr Evan Melrose, managing director of PTV Sciences, has been named chairman of the board.
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