Sheer incompetence and unprofessionalism.
OTOH, how does it matter? I mean -- the communication being screwed up -- doesn't fundamentally change anything. If these results were PR-ed a year ago, what would it have changed fundamentally? Nothing.
However, more important Q is --- when is CM planning to start the P3 for PDD? Maybe, he is being conservative .. and wants to get more confident about a trial's success before pumping $50-100m into a trial/indication.