????:1??????:????

2?????wx

3?????

4??????????????

5??????????????

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