Money is being thrown at the target in unprecedented sums. CEPI have allocated an initial budget of around $200m (£169m/€193m), with the NIH adding an additional $36m (£30m/€35m) to the pot. Buoyed by their success in developing one of the first Covid-19 vaccines, Moderna has recently entered the fray, announcing their intention to produce a vaccine which could protect against all four coronaviruses that cause the common cold.