?????|???????,“??”???????

????:??????2023:??wx

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