{"id":6699,"date":"2025-12-31T15:29:40","date_gmt":"2025-12-31T07:29:40","guid":{"rendered":"https:\/\/nullthought.net\/?p=6699"},"modified":"2025-12-31T15:31:27","modified_gmt":"2025-12-31T07:31:27","slug":"%e4%b8%80%e4%bb%bd%e6%8a%95%e7%a0%94%e6%91%98%e8%a6%81","status":"publish","type":"post","link":"https:\/\/nullthought.net\/?p=6699","title":{"rendered":"\u4e00\u4efd\u6295\u7814\u6458\u8981"},"content":{"rendered":"\n<p>\u82f1\u77fd\u667a\u80fd\/InSilico Medicine\uff083696.HK\uff09\u4e00\u9875\u7248\u6295\u7814\u6458\u8981\uff08\u57fa\u4e8e<a href=\"https:\/\/ir.insilico.com\/media\/iq0dridv\/hkex-eps_20251218_11959264_0.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">\u62db\u80a1\u7ae0\u7a0b<\/a>\uff0c\u975e\u6295\u8d44\u5efa\u8bae\uff09<\/p>\n\n\n\n<h5 class=\"wp-block-heading\">1) \u4e00\u53e5\u8bdd\u5b9a\u4f4d<\/h5>\n\n\n\n<p>\u4ee5<strong>\u751f\u6210\u5f0fAI\u836f\u7269\u7814\u53d1\u5e73\u53f0 Pharma.AI<\/strong>\u4e3a\u6838\u5fc3\uff0c\u201c\u81ea\u7814\u7ba1\u7ebf\u63a8\u8fdb + \u5bf9\u5916\u6388\u6743\/\u5408\u4f5c\u53d8\u73b0\u201d\u7684AI\u5236\u836f\u516c\u53f8\uff0c\u5df2\u5f62\u6210\u591a\u9879\u4e34\u5e8a\/IND\u8d44\u4ea7\u5e76\u5b9e\u73b0\u5bf9\u5916\u6388\u6743\u53d8\u73b0\u3002 <\/p>\n\n\n\n<h5 class=\"wp-block-heading\">2) \u53d1\u884c\u8981\u70b9\uff08\u4ea4\u6613\u5c42\u9762\uff09<\/h5>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u53d1\u552e\u4ef7<\/strong>\uff1a24.05 \u6e2f\u5143\/\u80a1\uff1b<strong>\u5168\u7403\u53d1\u552e<\/strong>\uff1a94,690,500\u80a1<\/li>\n\n\n\n<li><strong>\u5f00\u59cb\u4e70\u5356<\/strong>\uff1a2025-12-30 09:00\uff1b<strong>\u6bcf\u624b<\/strong>500\u80a1\uff1b<strong>\u80a1\u4efd\u4ee3\u53f7<\/strong>3696 <\/li>\n\n\n\n<li>\u4e0a\u5e02\u4f9d\u636e\uff1a\u6309\u4e0a\u5e02\u89c4\u5219 <strong>8.05(3) \u5e02\u503c\/\u6536\u76ca\u6d4b\u8bd5<\/strong>\uff0c\u62ab\u9732\u51762024\u5e74\u5ea6\u6536\u76ca>5\u4ebf\u6e2f\u5143\u4e14\u6309\u53d1\u552e\u4ef7\u8ba1\u9884\u671f\u5e02\u503c>40\u4ebf\u6e2f\u5143\u95e8\u69db <\/li>\n\n\n\n<li><strong>\u57fa\u77f3\u6295\u8d44\u8005<\/strong>\uff1a\u57fa\u77f3\u914d\u552e\u5408\u8ba1 <strong>115\u767e\u4e07\u7f8e\u5143<\/strong>\uff08\u7ea6894.84\u767e\u4e07\u6e2f\u5143\uff09 <\/li>\n<\/ul>\n\n\n\n<h5 class=\"wp-block-heading\">3) \u6838\u5fc3\u6295\u8d44\u903b\u8f91\uff08\u4e3a\u4ec0\u4e48\u503c\u5f97\u770b\uff09<\/h5>\n\n\n\n<p><strong>A. \u201c\u5e73\u53f0\u6548\u7387\u53d9\u4e8b\u201d+\u201c\u8d44\u4ea7\u53d8\u73b0\u9a8c\u8bc1\u201d\u540c\u65f6\u5b58\u5728<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u516c\u53f8\u62ab\u9732\uff1a\u5e73\u5747\u4ece\u9776\u70b9\u5230\u4e34\u5e8a\u524d\u5019\u9009\u836f\u7269\uff08PCC\uff09<strong>12\u201318\u4e2a\u6708<\/strong>\uff0c\u663e\u8457\u77ed\u4e8e\u4f20\u7edf\u65b9\u6cd5\u7ea6<strong>4.5\u5e74<\/strong>\u3002 <\/li>\n\n\n\n<li>\u622a\u81f3\u62ab\u9732\u65f6\uff1a\u5df2\u901a\u8fc7Pharma.AI\u4ea7\u751f<strong>\u903e20\u9879\u4e34\u5e8a\u6216IND\u9636\u6bb5\u8d44\u4ea7<\/strong>\uff1b\u5176\u4e2d<strong>\u4e09\u9879\u5df2\u5bf9\u5916\u6388\u6743<\/strong>\uff0c\u5408\u7ea6\u603b\u4ef7\u6700\u9ad8<strong>21\u4ebf\u7f8e\u5143<\/strong>\uff08\u542b\u6700\u9ad8\u7ea61.10\u4ebf\u7f8e\u5143\u9884\u4ed8\u6b3e\u5408\u8ba1\u3001\u6700\u9ad8\u7ea619\u4ebf\u7f8e\u5143\u91cc\u7a0b\u7891\u7b49\uff09\u3002<\/li>\n<\/ul>\n\n\n\n<p><strong>B. \u5546\u4e1a\u6a21\u5f0f\u504f\u201c\u9879\u76ee\u5236\u6388\u6743\/\u5408\u4f5c\u9a71\u52a8\u201d\uff0c\u6536\u5165\u5f39\u6027\u5927\u4f46\u6ce2\u52a8\u4e5f\u5927<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u62db\u80a1\u7ae0\u7a0b\u660e\u786e\u5176\u4e3b\u8981\u6536\u5165\u6765\u6e90\u4e3a\u5bf9\u5916\u6388\u6743\u53ca\u5408\u4f5c\u5b89\u6392\uff0c\u4e14\u63d0\u793a\u672a\u6765\u6536\u5165\u4e0d\u6613\u4fdd\u8bc1\/\u9884\u6d4b\u3002 <\/li>\n<\/ul>\n\n\n\n<h5 class=\"wp-block-heading\">4) \u4e1a\u52a1\u4e0e\u7ba1\u7ebf\u6293\u624b\uff08\u770b\u70b9\u96c6\u4e2d\u5728\u201c\u65d7\u8230\u8d44\u4ea7 + \u6388\u6743\u6301\u7eed\u6027\u201d\uff09<\/h5>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u65d7\u8230\u8d44\u4ea7\uff1aISM001-055\uff08IPF\uff09<\/strong>\n<ul class=\"wp-block-list\">\n<li>\u5904\u4e8e\u63a8\u8fdb\u8f83\u4e3a\u9760\u524d\u7684\u8d44\u4ea7\u4e4b\u4e00\uff08\u516c\u53f8\u62ab\u9732\u6709\u5904\u4e8eII\u671f\u9636\u6bb5\u7684\u81ea\u7814\u8d44\u4ea7\uff09\u3002<\/li>\n\n\n\n<li>\u8be5\u836f\u5728\u4e2d\u56fd\u5b8c\u6210IIa\u5e76\u62ab\u9732\u8ba1\u5212\uff1a<strong>2026\u5e74\u4e0a\u534a\u5e74<\/strong>\u5728\u4e2d\u56fd\u5f00\u5c55IIb\/III\uff1b\u540c\u65f6\u62ab\u9732\u83b7FDA\u6388\u4e88<strong>\u5b64\u513f\u836f\u8d44\u683c\u8ba4\u5b9a<\/strong>\u53ca\u7f8e\u56fdIND\u8fdb\u5c55\u3002 <\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\u5bf9\u5916\u6388\u6743\u201c\u5df2\u53d1\u751f\u4e14\u53ef\u590d\u73b0\uff1f\u201d<\/strong>\uff08\u62db\u80a1\u4e66\u62ab\u9732\u7684\u4e09\u9879\u6388\u6743\u5305\u62ecISM3091\u3001ISM5043\u53ca\u4e00\u9879\u672a\u62ab\u9732\u5019\u9009\u836f\u7269\uff0c\u5408\u7ea6\u603b\u503c>20\u4ebf\u7f8e\u5143\uff09\u3002<\/li>\n<\/ul>\n\n\n\n<h5 class=\"wp-block-heading\">5) \u8d22\u52a1\u5feb\u7167\uff08\u589e\u957f vs. \u4ecd\u4e8f\u635f\uff09<\/h5>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u6536\u5165\uff1a2022 <strong>30.1<\/strong> \u2192 2023 <strong>51.2<\/strong> \u2192 2024 <strong>85.8<\/strong>\uff08\u767e\u4e07\u7f8e\u5143\uff09\uff1b2025H1 <strong>27.5<\/strong>\uff08\u767e\u4e07\u7f8e\u5143\uff09\u3002 <\/li>\n\n\n\n<li>\u4ecd\u5904\u4e8f\u635f\uff1a2022 <strong>221.8<\/strong>\u30012023 <strong>211.6<\/strong>\u30012024 <strong>17.1<\/strong>\u30012025H1 <strong>19.2<\/strong>\uff08\u767e\u4e07\u7f8e\u5143\uff0c\u51c0\u4e8f\u635f\u53e3\u5f84\uff09\u3002 <\/li>\n<\/ul>\n\n\n\n<h5 class=\"wp-block-heading\">6) \u52df\u8d44\u7528\u9014\u4e0e\u201c\u73b0\u91d1\u7eed\u822a\u201d<\/h5>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u9884\u8ba1\u52df\u8d44<strong>\u51c0\u989d<\/strong>\u7ea6 <strong>2,025.8\u767e\u4e07\u6e2f\u5143\uff08260.3\u767e\u4e07\u7f8e\u5143\uff09<\/strong>\u3002<\/li>\n\n\n\n<li>\u7528\u9014\u62c6\u5206\uff08\u6838\u5fc3\uff09\uff1a\n<ul class=\"wp-block-list\">\n<li><strong>48%\uff08\u7ea6972.4\u767e\u4e07\u6e2f\u5143\uff09<\/strong>\uff1a\u5173\u952e\u4e34\u5e8a\u9636\u6bb5\u7ba1\u7ebf\u8fdb\u4e00\u6b65\u4e34\u5e8a\u7814\u53d1\uff1b\u5176\u4e2d **40%\uff08\u7ea6810.3\u767e\u4e07\u6e2f\u5143\uff09**\u6295\u5411ISM001-055\uff0c\u5e76\u8fdb\u4e00\u6b65\u62c6\u5230\u4e2d\u7f8eIIb\/III\u53ca\u5438\u5165\u5242\u578b\u7b49\u3002 <\/li>\n\n\n\n<li><strong>15%\uff08\u7ea6303.9\u767e\u4e07\u6e2f\u5143\uff09<\/strong>\uff1a\u5f00\u53d1\u65b0\u7684\u751f\u6210\u5f0fAI\u6a21\u578b\u53ca\u9a8c\u8bc1\u7814\u7a76\uff08\u5e76\u63d0\u5230\u7b97\u529b\/\u670d\u52a1\u5668\/\u82af\u7247\u4e0e\u4eba\u624d\u6295\u5165\uff09\u3002 <\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>\u73b0\u91d1\u4e0e\u7eed\u822a\uff1a\u622a\u81f32025-06-30\u73b0\u91d1\u53ca\u73b0\u91d1\u7b49\u4ef7\u7269<strong>212\u767e\u4e07\u7f8e\u5143<\/strong>\uff1b\u4e0d\u8ba1IPO\u7ea6\u53ef\u7ef4\u6301<strong>33\u4e2a\u6708<\/strong>\uff0c\u8ba1\u5165IPO\u540e\u73b0\u91d1\u7ea6<strong>472\u767e\u4e07\u7f8e\u5143<\/strong>\u3001\u7eed\u822a\u7ea6<strong>75\u4e2a\u6708<\/strong>\uff08\u516c\u53f8\u6d4b\u7b97\u53e3\u5f84\uff09\u3002 <\/li>\n<\/ul>\n\n\n\n<h5 class=\"wp-block-heading\">7) \u672a\u6765\u50ac\u5316\u5242\uff08\u4ece\u62db\u80a1\u4e66\u80fd\u63a8\u5bfc\u7684\u201c\u4e8b\u4ef6\u8868\u201d\uff09<\/h5>\n\n\n\n<ul class=\"wp-block-list\">\n<li>ISM001-055\uff1a\u4e2d\u56fdIIb\/III\u542f\u52a8\uff08\u516c\u53f8\u62ab\u9732\u76ee\u6807\u4e3a<strong>2026\u5e74\u4e0a\u534a\u5e74<\/strong>\uff09\u3002 <\/li>\n\n\n\n<li>\u65b0\u4e00\u8f6e\u5bf9\u5916\u6388\u6743\/\u5408\u4f5c\u843d\u5730\uff08\u516c\u53f8\u5f3a\u8c03\u6388\u6743\u4e0e\u5408\u4f5c\u4e3a\u4e3b\u8981\u4ef7\u503c\u9a71\u52a8\u56e0\u7d20\u4e4b\u4e00\uff0c\u4e14\u5df2\u53d1\u751f\u4e09\u9879\u6388\u6743\uff09\u3002 <\/li>\n\n\n\n<li>Pharma.AI\u80fd\u529b\u589e\u5f3a\u4e0e\u8de8\u884c\u4e1a\u62d3\u5c55\uff08\u516c\u53f8\u62ab\u9732\u6b63\u6269\u5c55\u81f3\u5148\u8fdb\u6750\u6599\u3001\u519c\u4e1a\u3001\u8425\u517b\u3001\u517d\u533b\u836f\u7b49\uff09\u3002<\/li>\n<\/ul>\n\n\n\n<h5 class=\"wp-block-heading\">8) \u4e3b\u8981\u98ce\u9669\u6e05\u5355\uff08\u6295\u8d44\u9700\u91cd\u70b9\u6838\u67e5\uff09<\/h5>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u7814\u53d1\u4e0e\u76d1\u7ba1\u98ce\u9669<\/strong>\uff1a\u4e34\u5e8a\u7ed3\u679c\u3001\u76d1\u7ba1\u5ba1\u6279\u3001\u8bd5\u9a8c\u6267\u884c\u5747\u9ad8\u5ea6\u4e0d\u786e\u5b9a\uff08\u836f\u7814\u884c\u4e1a\u5171\u6027\uff0c\u4e14\u516c\u53f8\u8d44\u4ea7\u4ecd\u5728\u63a8\u8fdb\u4e2d\uff09\u3002 <\/li>\n\n\n\n<li><strong>\u6536\u5165\u6ce2\u52a8\u4e0e\u53ef\u9884\u6d4b\u6027<\/strong>\uff1a\u516c\u53f8\u62ab\u9732\u4e3b\u8981\u6536\u5165\u6765\u81ea\u6388\u6743\/\u5408\u4f5c\u4e14\u672a\u6765\u6536\u5165\u96be\u4ee5\u4fdd\u8bc1\u6216\u9884\u6d4b\u3002 <\/li>\n\n\n\n<li><strong>\u6301\u7eed\u4e8f\u635f\u4e0e\u73b0\u91d1\u6d88\u8017<\/strong>\uff1a\u4ecd\u5904\u4e8f\u635f\u72b6\u6001\uff0c\u9700\u5173\u6ce8\u73b0\u91d1\u6d88\u8017\u3001\u540e\u7eed\u878d\u8d44\u4e0e\u8d39\u7528\u63a7\u5236\u3002<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>\u82f1\u77fd\u667a\u80fd\/InSilico Medicine\uff083696.HK\uff09\u4e00\u9875\u7248\u6295\u7814\u6458\u8981\uff08\u57fa\u4e8e\u62db\u80a1\u7ae0\u7a0b\uff0c\u975e\u6295\u8d44\u5efa\u8bae\uff09 1) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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1)&hellip;","_links":{"self":[{"href":"https:\/\/nullthought.net\/index.php?rest_route=\/wp\/v2\/posts\/6699","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nullthought.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nullthought.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nullthought.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nullthought.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6699"}],"version-history":[{"count":1,"href":"https:\/\/nullthought.net\/index.php?rest_route=\/wp\/v2\/posts\/6699\/revisions"}],"predecessor-version":[{"id":6700,"href":"https:\/\/nullthought.net\/index.php?rest_route=\/wp\/v2\/posts\/6699\/revisions\/6700"}],"wp:attachment":[{"href":"https:\/\/nullthought.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nullthought.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nullthought.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}