- Agreement covers protocol amendments for Ntrust-1 and Ntrust-2 clinical trials of NKX019.
- Ntrust-2 protocol amendment adds a new rheumatoid arthritis patient cohort to the study.
Media reports, including from CBS News on April 16, 2026, stated that the White House is drafting an executive order expected to be signed by President Trump as early as that week. The order aims to unlock federal funding and expand U.S. research into ibogaine—a psychedelic compound with potential for treating PTSD, traumatic brain injury, addiction, and related conditions, particularly among veterans—while evaluating its safety and efficacy. This policy signal acted as a clear sector catalyst for companies developing ibogaine or related psychedelic therapies. It built on the company's recent operational progress, including the April 8 expansion of its Australian Phase IIb clinical trial network for natural psilocybin (NPX-5) in palliative care patients with adjustment disorder. The combination sparked explosive retail and momentum-driven buying in this low-float microcap name, with massive volume, multiple trading halts, and follow-through buying overnight and in premarket on April 17.
United States President Donald Trump announced on Friday that the US Navy will continue its blockade of Iran until a deal with Tehran is "100% completed."
"The naval blockade will remain in full force and effect as it pertains to Iran, only, until such time as our transaction with Iran is 100% complete," the Republican president wrote on Truth Social.
Earlier, Tehran announced the opening of the vital waterway, which has been effectively closed since the start of the war causing chaos in global oil markets, after a ceasefire was struck between Israel and Lebanon.
https://breakingthenews.net/Article/Trump:-Naval-blockade-on-Iran-remains-in-full-force/66093498
Crude oil prices nosedived on Friday after Iranian Foreign Minister Abbas Araghchi declared the Strait of Hormuz "completely open" for commercial shipsfor the remaining period of the 10-day ceasefire between Israel and Lebanon.
Supply concerns seemed to lessen amid hopes about the chances of a lasting US-Iran ceasefire. The conflict that triggered a major supply shock, with Iranian restrictions and a US naval blockade keeping flows through Hormuz almost at a standstill, neared 50 days.
West Texas Intermediate for deliveries in May slumped by 11.05% to $84.23 per barrel at 9:09 am ET, while Brent for settlements in June plunged by 10.55% and sold for $88.9 a barrel.
https://breakingthenews.net/Article/Oil-slumps-10-as-Iran-declares-Hormuz-open/66093333
Iranian Foreign Minister Abbas Araghchi announced on Friday the reopening of the Hormuz Strait to commercial vessels following a ceasefire between Israel and Lebanon.
"In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire, on the coordinated route as already announced by Ports and Maritime Organisation of the Islamic Rep. of Iran," Araghchi said.
Previously, Pakistani Prime Minister Shehbaz Sharif praised the recent ceasefire agreement, while US President Donald Trump declared that the war in Iran should end pretty soon.
https://breakingthenews.net/Article/Iran-reopens-Hormuz-to-commercial-vessels/66093091