The Coalition for Epidemic Preparedness Innovations, which is funding nine different coronavirus vaccine proje

The Coalition for Epidemic Preparedness Innovations, which is funding nine different coronavirus vaccine projects, has previously suggested a shot could be ready within 12 to 18 months, an already ambitious target. That assessment didnt account for the possibility of companies working closely together to accelerate the process, faster enrollment in human trials and other factors, according to Richard Hatchett, the head of the Oslo-based organization.
Several vaccines backed by CEPI may enter a second phase of testing as soon as late spring or this summer. That means the first could become available in 2020 if they prove to be safe and effective, probably on an emergency-use basis. In that scenario, they might be accessible only to certain at-risk populations before being deployed more widely.
CEPI has secured commitments for about half of the $2 billion it estimates will be needed to develop the vaccines, and it may invest in 15 or more programs
SOURCES- BloombergWritten By Brian Wang, Nextbigfuture.com