???????|??,“?????”???????

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

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