On July 1, 2022 Taiho Pharmaceutical Co., Ltd. reported the launch of the second Taiho Smile Support, the company’s unique social contribution program (Press release, Taiho, JUL 1, 2022, View Source [SID1234616429]). Under the program, Taiho Pharmaceutical will solicit project proposals on the theme of "Challenging Issues in the Field of Oncology" via its website from July 1 to September 30, 2022 .
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Taiho Smile Support is a social contribution program that supports organizations and individuals seeking to work on solving various social issues in the field of oncology that cannot be solved by drugs alone, using crowdfunding. If a selected organization or individual starts crowdfunding and is able to raise 50% of the amount needed to carry out the project, they will also receive a matching funds from Taiho Pharmaceutical equal to 50% of the amount needed to carry out the project.
In the first Taiho Smile Support, Taiho Pharmaceutical donated a total of 4.17 million yen in matching funds to three projects. Those three projects are currently underway.