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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??????????????????????,?????

?????????,??????????????????????,???

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??,CAR-T??,???????:

?,CAR-T??100???,???“??????”???2023???????1.9???????(19.4%)???1.7??????????(25.3%),?????????????????,???????????????“????”?????????,????“???????????????30?????????????????”??,?????“?”?

??,?????,?????????????,?,??????????CAR-T???,???????,??,??????????????????????????????,??“??”????????????????????

??????????????

??,???????CAR-T???,?“?????????????????,??????????????”????????????,???????“?????”??????????????

?,??????????????????????????????????????????????????,??????????????????CAR-T???????????,??????

?????????????????????1??,???????“??”,??,????????????????60????????????

??????2024????????????,??????????????,???,?????????,???,???????????

????????:“???????????????,????????,?????”

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???,??????????????

??????????????“?????”?????,????????????????????????????????????????????,???

????????????????????,????????????,?????????,?,??????????????

“??????????????,??????300??,??????????????????????????CAR-T??????????,CAR-T???????????????????????,????????,?,?????‘??’????????????,??????????,???????,??????,??????,??,???????????????????;?????????????????????????,????????????,?????????????????,?‘???????????????????’?”???????????????????

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?????????????,?????????????????????????,??,?????????????

???????????“?????”,?????,??????????????????

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