The FDA calendar for catalysts has KERX with a Dec 31st date for next catalyst. Now I have to admit this is my first bio stock to follow all the way from start to finish but I would think that they would not release that last week of the year between Christmas and New Years. If Japan is anything like the US and the holidays disrupt work I would guess they would have results by mid December but before Christmas.
Why would you assume that the date of release would automatically be pushed up instead of being delayed until after the new year?? That's what people on the MB do. They make statements that have no facts or reason behind them to serve their point.