?????|??,“???????”???????

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

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