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

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

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

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

???????

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

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

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

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

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

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

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

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

CAR-T???

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

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

“???????????CAR-T??????????????50%~70%???”???CAR-T????

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

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?????????????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??????????????????????,???????“?????????????????????????,??”(?????????? ???????????:???) ?????????????:????????? ??“??????”????

?? ?????|??,“???????”???????

????:1???????:???????????

2??????????

3????????????

4?????????

5?????

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

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

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

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

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

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

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

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

???????

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

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

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

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

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

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

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

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????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??????????????????????,???????“?????????????????????????,??”(?????????? ???????????:???) ?????????????:?????????