???????|???????,“??”?????

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

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