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AcquiredLead program: Phase III
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Awakn Life SciencesCSE: AWKN

Data updated

2 Drug Candidates

Awakn Life Sciences is a former UK-based biopharmaceutical company whose ketamine and esketamine alcohol-use-disorder assets were acquired by Solvonis Therapeutics in May 2025. Its lead programmes are now represented operationally by Solvonis as SVN-001 (IV ketamine plus CBT for severe AUD) and SVN-002 (esketamine oral thin film for US AUD). This record is retained for historical provenance of the Awakn-origin assets and source trail.

Development Programmes

2

AWKN-001

Ketamine
Phase IIILicensed Out

Historical Awakn-origin record for AWKN-001, the KARE ketamine-assisted relapse-prevention protocol for alcohol use disorder. Following Solvonis Therapeutics acquisition of Awakn in May 2025, current operational development is tracked under Solvonis as SVN-001.

Programme Tracker

Alcohol Use Disorder (AUD)

Primary: UK (MHRA)
Phase IIIActive

Forecast

Phase III topline - Approval eventual: 40%

Historical Awakn record. MORE-KARE Phase 3 is now tracked under Solvonis Therapeutics as SVN-001 following completion of the Awakn acquisition in May 2025.

Milestones

Phase II topline

Completed

Actual: Jan 11, 2022

Phase 2 KARE (NCT02649231, n=96) positive results published in American Journal of Psychiatry: ketamine + KARE achieved 86% abstinence over 6 months; relapse risk 2.7x lower than control

Why it matters: Landmark result for ketamine-assisted therapy in AUD; validated the KARE protocol and enabled Phase 3 MRC/NIHR co-funding

Watch next: Phase 3 MORE-KARE enrolment and topline data

Phase III started

Completed

Actual: Aug 1, 2024

MORE-KARE Phase 3 (ISRCTN85955128) opened for enrolment; first patient screened at UK NHS sites. Co-funded by MRC and NIHR (~£2.4M).

Why it matters: First Phase 3 trial of ketamine-assisted therapy for AUD; UK government co-funding validates the scientific and clinical rationale

Watch next: Enrolment completion and topline data

Regulatory review accepted

Completed

Actual: Oct 22, 2024

Four additional NHS sites opened in MORE-KARE (South London and Maudsley, Greater Manchester Mental Health, University Hospitals Sussex, Plymouth), bringing total to 7-8 active NHS sites

Why it matters: Multi-site enrolment across NHS builds an evidence base that directly supports NICE/MHRA approval and NHS commissioning decisions

Watch next: Solvonis acquisition completion; trial enrolment milestones

Company milestone

Completed

Actual: Feb 22, 2025

Awakn entered arrangement agreement for acquisition by Solvonis Therapeutics plc (formerly Graft Polymer UK PLC); deal implies C$0.146/share (~53.5% premium). Combined entity would trade on London Stock Exchange.

Why it matters: Solvonis acquisition would provide capital and LSE listing to advance MORE-KARE; Solvonis also brings a Phase 3 pipeline (SVN-001)

Watch next: Acquisition completion, Solvonis LSE listing, MORE-KARE enrolment progress

Recorded Events

Feb 22, 2025: Company milestone

Oct 22, 2024: Regulatory review accepted

Aug 1, 2024: Phase III started

Jan 11, 2022: Phase II topline

Evidence Links

NCT02649231 — Phase 2 KARE Trial (Ketamine AUD)

trial-registry - ClinicalTrials.gov - Oct 5, 2021 - Verified

KARE Phase 2 Publication — American Journal of Psychiatry (2022)

Publication - American Journal of Psychiatry - Jan 11, 2022 - Verified

AWKN-002

Esketamine
Phase IILicensed Out

Historical Awakn-origin record for AWKN-002, now represented by Solvonis as SVN-002: an esketamine oral thin-film programme for moderate-to-severe AUD in the US via a planned 505(b)(2) pathway.

Programme Tracker

Alcohol Use Disorder (AUD)

Primary: US (FDA)
Phase IIActive

Forecast

Phase II started - Likely: Q4 2026

Historical Awakn/SVN-002 record. Current development, including the June 2026 bridging-data update and planned US Phase 2b/IND pathway, is tracked under Solvonis SVN-002.

Milestones

Phase II planned

Completed

Actual: Dec 18, 2024

Awakn announced positive FDA pre-IND feedback for AWKN-002 in AUD, including no additional clinical data before Phase 2b and agreement on a 505(b)(2) pathway.

Why it matters: This moves AWKN-002 from a discovery listing to a defined U.S. Phase 2b-planning regulatory path.

Watch next: IND filing, scientific bridge to Spravato, or Phase 2b clinical trial authorization/registration.

Phase II planned

In progress

Actual: Apr 28, 2026

Solvonis renamed/integrated AWKN-002 as SVN-002 and reported it progressed in Phase 2 planning for moderate-to-severe AUD in the U.S.

Why it matters: Confirms the asset remained active after the Awakn acquisition and is part of Solvonis current AUD strategy.

Watch next: U.S. IND or CTA update for the Phase 2b study.

Recorded Events

Apr 28, 2026: Phase II planned

Dec 18, 2024: Phase II planned

Evidence Links

Awakn Announces Positive Outcome of Pre-IND Meeting with FDA for AWKN-002 in AUD

Press release - Newsfile / Awakn Life Sciences - Dec 18, 2024 - Verified

FDA confirmed no additional clinical data are required before Phase 2b and agreed AWKN-002 can use the 505(b)(2) pathway once a bridge to the reference esketamine product is established.

Solvonis Completes Acquisition of Awakn Life Sciences

Press release - Solvonis Therapeutics - May 27, 2025 - Verified

Solvonis describes SVN-002 as a Phase 2b-planning sublingual/buccal esketamine programme for moderate-to-severe AUD in the US.

Solvonis FY2025 Results and SVN-001 Strategy Refinement

Press release - Solvonis Therapeutics - Apr 28, 2026 - Verified

FY2025 results state SVN-002, previously AWKN-002, progressed in Phase 2 planning for moderate-to-severe AUD in the U.S. and is advanced via a planned 505(b)(2) pathway.

Quick Facts

Type
Public Biotech
Founded
2020
Ticker
CSE: AWKN
Lead Stage
Phase III
Website
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