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HDT Bio Needed Increased Cybersecurity to Make Vaccines for the U.S. Government
Company Profile
HDT Bio is a clinical-stage, private Seattle-based biopharmaceutical development company with a team of about 50 people working on cutting-edge vaccine development to combat viruses, prevent infectious diseases, and treat cancers.
Situation
HDT Bio received grants to manufacture vaccines for the U.S. government. But first, it had to implement a cybersecurity system and protocol that would meet the required standards and be ready for future compliance updates necessary to handle government information. The company reached out to Impact Washington to help navigate this challenge and move forward with its work for the government.
Solution
An assessment of the current cybersecurity situation was conducted, a statement of work was created, and grants were sought. Impact Washington connected HDT Bio with resource partner CyberStreams, which did the work.
Results
HDT Bio became compliant with government cybersecurity standards and is now trained to continue managing compliance well into the future.
- Increased Sales: $13,657,576
- Retained Sales: $11,958,023
- Jobs Created and Retained: 49
- Cost Savings: $1,303,666
- Save on Investment: $ 1,238,666
- Increased Investment: $5,541,499
"The DFARS-CMMC Training Project, funded through the JPS grant has significantly enhanced my ability to manage government affairs compliance at HDT Bio Corp (HDT). Through the program, I gained a comprehensive understanding of federal contract requirements and adherence to the cybersecurity standards set by the National Institutes of Standards and Technology (NIST).
The training has empowered me to mitigate compliance risks and confidently navigate complex regulatory landscapes. This invaluable knowledge has not only strengthened HDT’s corporate governance but has also enabled us to foster a culture of due diligence and accountability. As a result, we are better positioned to engage with government agencies, secure contracts, and achieve sustainable growth with the backing of public sector support."
– Kandyma Sar, Senior Manager, Government Affairs at HDT Bio