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news.VisCorp has completed an additional private equity financing of $5 million with two accredited investors for a total raise of $15.22 million. The funds will be used principally to fund the expansion of Chengdu Tianyin's manufacturing facility located in Chengdu.
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The company previously has acquired all of the issued and outstanding capital stock of Raygere Limited, a company organized under the laws of the British Virgin Islands and Raygere’s shareholders. Raygere conducts its business through Chengdu Tianyin Pharmaceutical, a corporation organized in the People’s Republic of China.