Title: PANDA - Adapting Pretrained Features for Anomaly Detection. Abstract: Anomaly detection methods require high-quality features. One way of obtaining strong features is to adapt pre-trained features to anomaly detection on the target distribution. Unfortunately, simple adaptation methods often result in catastrophic collapse (feature deterioration) and reduce performance. DeepSVDD combats collapse by removing biases from architectures, but this limits the adaptation performance gain. In this work, we propose two methods for combating collapse: i) a variant of early stopping that dynamically learns the stopping iteration ii) elastic regularization inspired by continual learning. In addition, we conduct a thorough investigation of Imagenet-pretrained features for one-class anomaly detection. Our method, PANDA, outperforms the state-of-the-art in the one-class and outlier exposure settings (CIFAR10: 96.2% vs. 90.1% and 98.9% vs. 95.6%) .