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

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