??|???????,“?????”???????

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

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