Solvonis Therapeutics Raises £1M to Accelerate AI-Driven CNS Drug Discovery for Depression and Stimulant Addiction
- Solvonis Therapeutics secured £1.0 million from three major shareholders to accelerate its AI-supported central nervous system drug discovery programme targeting depression and stimulant use disorders.
- The funding will enable lead identification and early-stage candidate validation in therapeutic areas with significant unmet needs, including stimulant addiction which currently has no FDA-approved medications.
- The company's AI-enabled R&D platform integrates proprietary compound libraries and predictive modelling to drive innovation in neuropsychiatric conditions traditionally marked by low investment and slow progress.
- The global antidepressant market was valued at approximately £15 billion in 2024 and is projected to grow at 7.5% annually through 2034, highlighting the commercial potential of the programme.