The Davy Medal is awarded by the Royal Society of London "for an outstandingly important recent discovery in any branch of chemistry".[1][2] Named after Humphry Davy, the medal is awarded with a monetary gift, initially of £1000 (currently £2000).[3] Receiving the Davy Medal has been identified as a potential precursor to being awarded the Nobel Prize in Chemistry,[4] with 22 scientists as of 2022 having been awarded the medal prior to becoming Nobel laureates, according to an analysis by the Royal Society of Chemistry.[5]