Definition
FDA Advisory Committee (AdCom) is an independent panel of outside experts that provides recommendations to FDA on complex scientific and medical questions, including drug approvals. While FDA is not bound by these recommendations, they carry significant weight.
How Advisory Committees Work
FDA convenes advisory committees for applications requiring external expert input. Meetings are public, and panels vote on specific questions regarding safety, efficacy, and approval.
Major Advisory Committees
| Committee | Focus Area |
|---|---|
| ODAC | Oncology drugs |
| CDER | Cardio-renal drugs |
| Endocrine | Metabolic/endocrine drugs |
| AMDAC | Antimicrobials |
| PCNS | Psychiatric drugs |
AdCom Meeting Structure
- FDA Presentation: Agency overview of application
- Sponsor Presentation: Company presents clinical data
- Public Comment: Patient advocates and others speak
- Committee Discussion: Panel deliberates on data
- Voting: Members vote on specific questions
Why BD Teams Track Advisory Committees
For business development professionals, AdCom outcomes affect valuations:
- Deal Implication: Negative AdCom vote significantly impacts approval probability
- Due Diligence Focus: Review FDA briefing documents for risk signals
- Opportunity Signal: Upcoming AdComs create trading and deal opportunities