where things stand with its decision to authorize

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GoodTaste

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Does "where things stand with its decision to authorize" mean "what evidence is there to support its decision to authorize"?

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Convalescent plasma has been tested only in small trials without the statistical power to provide firm conclusions. The FDA didn't respond to queries from Nature about where things stand with its decision to authorize convalescent plasma. But if the FDA issues an authorization, experts say, people with COVID-19 might choose to access the treatment directly, rather than sign up for a clinical trial and risk being assigned to a control group that does not receive plasma.

Source: Nature 19 AUGUST 2020
https://www.nature.com/articles/d41586-020-02324-2
 
No, it refers to whether the FDA has made the decision yet, and (I guess) if a decision has not yet been made, then to when a decision may be expected.
 
In this context, "where things stand" means "what the general situation is".
 
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