1 / 6 2021 11 28 - C -2021.11.21 - -2021.11.15 2022 - -2021.11.4 S0790520030002 2021 11 26 10 FDA PMTA 1 2 200 1 11 26 2 11 18 20171624-Q-456 11 12 3 2021 10 13 FDA Vuse -14%-7%0%7%14%21%2020-11 2021-03 2021-07 300 2 / 6 1 . 3 2 . 3 3 . 3 4 . 4 3 / 6 1 2021 11 26 10 FDA PMTA 1 2 200 2 1 11 26 2 11 18 20171624-Q-456 11 12 3 3 2021 10 13 FDA Vuse 4 / 6 4 5 / 6 2017 7 1 R4 C4 C5 C4 C5 Buy 20% outperform 5% 20% Neutral 5% 5% underperform 5% overweight Neutral underperform 612 A 300 500 6 / 6 1788 1 10 200120 2030 1 45 518000 18 C2 16 100044 1 B 5 710065