Solvonis CEO says £1.3m fundraising fuels CNS drug pipeline

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Solvonis Therapeutics CEO Anthony Tennyson said the company's £1.3 million fundraising will support its CNS pipeline spanning SVN-001, SVN-002 and SVN-015. The funding will let Solvonis assess adding international sites to the Phase 3 programme for SVN-001, its severe alcohol use disorder treatment being trialled within the UK's NHS. On SVN-002, developed for moderate to severe alcohol use disorder in the US, the company is repurposing esketamine as an oral thin film via the FDA's 505(b)(2) pathway, building a scientific bridge to Johnson & Johnson's Spravato. The interview also covered SVN-015, Solvonis' proprietary compound targeting methamphetamine and cocaine addiction, with the US National Institute on Drug Abuse now funding further preclinical work following positive initial screening data.

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