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????:?????????:????

??,??????????????????CAR-T(?????????????T???????????????????????????)??????????????????“?????”???????????????

CAR-T???????,???:????????????,???????????“????????”??“??????,??”??????????????????,??????,????????????

???“????????????”,?????????

??? 11 ??????????????,???,99.9?CAR-T??????????????,??????????CAR-T?????????????????1??,?????????????CAR-T???????????????,?????????????,?????120????????????????CAR-T???????60??????

8???,?????,???CAR-T??????????6??????????????????????????????????????????CAR-T????“?????????????????”????,????,???????????“???????????????”???,??????“????????”???????“?????”????????????????,?????????????????

?????????????????????,???????????????:????????????“??????????????????”???????????“?????”?????,????????????CAR-T??“??????????”?????,?????

????????????????????,?????“???”???????????????????????????,?????,CAR-T???????,???????????????????????????

???

??????????70%???60%???????,?????????“???????”????????????????????????41.3%?

??,?????,??“??”?????????????????????,?,???????????“??????????????????????????”,??????,????????????

?????CAR-T??????,“?????????”??????

?????????????®(??)??,?????2021???????????,???????,?????????,?????????????????

???????“??”???????????,????????????????8?????????????????????????,??,????????????/????????,????????,??4?????????????????CAR-T?????????

???????,??????????,????????29??????,??????30??????????????????????????????,???99.9??/???????~120???????/??CAR-T???,?????????????????

????????????4???????????????????,??,????????????????,?,???????????????,??????CAR-T????????,?????CAR-T???????????????

??????,CAR-T?????????????,?????“??”,????????????????????“?????????”?????,??????????????????CAR-T???????,???????

????????????,?,??????????????????

??«??????????????????????????????»?????????????,?????,??????“????”???,??“????????????????”???,?????????????????????????????

??,CAR-T??,??:

????????,CAR-T????100??,???????????“?????????”????2023??????1.9??(19.4%)??????????????1.7????????(25.3%),??????????????????,????“???????????”??????????????,???????????“??????????30????????????????????????”?,?“????”?

?????????????????,????,???????,???????????????,?????????????CAR-T????????,???????????????,?,?????????????????????,????“??”????????????

????????

?????,???????????CAR-T?????,???“??????,??????”????????,???“??”??????

????????????????????,????????????????????????????????????????????????????,??????CAR-T?????????????,????????

??1??,??????“???????”,??,????60??????????????????

????????????????????2024?????????????,?????????,???,???????,????????????,?????

????????:“???????????????????????,??????????????????,???”

???????,??,???????????,?????????????????“??????????”,???????,???,?????????????????????,??????,?????,?,????????????

??????,??“1+3+N”??,???????????“N”???????,?????????????????????,???????????“N”?,???

???????????????,??

??“????”???,????????????????,????????

???????????,???????????????????????????,???????????????,???,??

“?????,???????300??????????????????,??????????CAR-T?,CAR-T????????????????????????????????,?????????????????????,????????????????,??????‘????’?????,?,???????,???????????,?????????,?,??????????;????,?????????,????,?????????‘?????????’?”??????????

???“?????????????????”?????????????????????,??????????,??????????????

?????,???????,??????????????,???,????????????????,????50????,?????????????,???,?????????????

??,???????,???????????????????????????,?????????????????????????????????,?????????????

???????,?????????????????,?????,?????????“?????”,???????????????,?????????????????????????????????????????,??????

??????????,????????????????????????????????,??,????????????????

???“????????”,????,??????????????

??????????????100????????CAR-T???????????,??????????,??,?????????????,??????????????CAR-T??26???????,???????????,????????????????????4???????,????????????????????

??????????“?”,?????????????,??????????,????????????????

“????????????????100???????????,???????????????????????CAR-T??????????????????????,??????????????????,???????????????????,???????????????????????????,???”???,?????????????,???????????;?????????????????????????????????;??,???????????????????,???

CAR-T??????

???????????????????CAR-T??????????,?????????:CAR-T???????CAR-T?????????????

????????????????CAR-T?????,????,???,????????????CAR-T?,??????????????????????????????????????????????????????,????????????

????????,???????“??”????????????????????,????????????,??,??????????????“???????”????,??????????????????????????,????????????????CAR-T??????????,????????,???

?????????????,CAR-T??,???????DRG/DIP??????,???????“????????”???????????????,??????????“?????????,??????????,??????????”????????????????????????????

??????,“???”??,?????????“??????????????????”???????????????,????????CAR-T???

“??CAR-T??50%~70%??”??CAR-T?????

?????????,???CAR-T?????,???????????????????,??????????,??????????????CAR-T?????????????????????????????????????4.3???,????????????CAR-T???????????

????????,???????,CAR-T????????,??,?????????????????CAR-T????????????????

??CAR-T????????,??????????PD-1??,CAR-T?????,???,??,????????,????????,????????,???????????????

????2024????????3??????????1??????????????CAR-T?????????????????????(???????)??????????,?? CAR-T???????????11 ???,???????????6?????????????????

??????????“2025-2030????(CGT)???????”????,????????,????????CAR-T????????,2023??????????????20%,??184?????????,????168???????????

??????????????,???,?????????????????????CAR-T???“????”??????????

???????????????,2032???CAR-T???885.2???????????????????,????????????“???,?????”(?? ?:????) ?????????????????????????:?????????