"Waiting for the right time I expect."
This might have been answered in the announcement. Perhaps what PW/CUV are saying is that 'yes, we could have gone for VP earlier with a label extension, however, we wanted to extend the market exclusivity of Scenesse as fully as possible and not overlap much or any of that additional 10 years with the current market exclusivity relating to EPP'.
While PW has possibly been hung, drawn and quartered in the past for the delays in dealing with the VP extension (and possibly XP for that matter), perhaps the reason is strategic and this could be part of that long term strategy playing out and why PW has always appeared relaxed over exclusivity periods?
"Waiting for the right time I expect." This might have been...
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