?????|???????,“???????”??

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

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