???????|??,“???????”?????

????:??????????:???????vx1144

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