s which should continue to keep franchise revs flat Y/Y. And on Tysabri, underlying trends have turned with +3-4% Y/Y vol incr. We have raised our Tysabri revs by -$170M to reflect the full year impact of AIFA (-$96M for Italian reimbursement decision) as well as the strong underlying trends. 1't LIN

nc. The Earnings Keep Coming Upside revs (+279M vs cons) drove the $0.68 EPS beat: Revs of $2.4B were driven by upside Tecfidera ($144M vs cons), Tysabri ($91M cons, incl. a lx $54M or $0.15 catch-up from a reimbursement dispute with Italy) and Avonex (+$30M vs cons). Spending was slightly ahead dri