????:1????????????:??????????

2???????????

3???????

4???????????

5?????998

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