"One thing is clear - in Biotechs, 95-99% of the times delay is bad news."
I'll take that as your opinion, as you do not sight a source. Fair enough.
Compare your quote to Eli Lilly's phase 2 Taltz study. Start date April, 2010. Primary completion date January, 2011(# patients=142). Announcement of primary endpoint achievement, 3/29/12. Time for Eli Lilly to announce first endpoint(of 32 total endpoints(2 pe,30 sop)) in that trial was ~440 days. Eli Lillys product, Taltz. has been approved for the same target ipix is focusing on.