???????|??,“???????”?????

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

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