Edit: looking at the graph [1] more closely, I understand what you meant - there is no visible change in the slope past day 12 after dose 1 (dose 2 was administered on day 21). So the patient data actually shows that the vaccine achieved its maximum efficacy ~12 days after the 1st dose, not necessarily related to the 2nd dose at all.
Original comment:
I don't know where you're getting this, but the Pfizer paper [0] clearly shows that disease prevalence is much lower after the second dose:
> Among participants with and those without evidence of prior SARS CoV-2 infection, 9 cases of Covid-19 at least 7 days after the second dose were observed among vaccine recipients and 169 among placebo recipients, corresponding to 94.6% vaccine efficacy (95% CI, 89.9 to 97.3).
> Between the first dose and the second dose, 39 cases in the BNT162b2 group and 82 cases in the placebo group were observed, resulting in a vaccine efficacy of 52% (95% CI, 29.5 to 68.4) during this interval and indicating early protection by the vaccine, starting as soon as 12 days after the first dose.
You are right about the severe cases though - they had 1 in the vaccine group and 4 in the placebo group, which is far too little data to draw any meaningful conclusions from (it's also worth noting that the single severe case in the vaccinated group occurred >7 days after the second dose, so there is absolutely no data to draw conclusions on severe disease impact with a single dose).
[0] https://www.nejm.org/doi/full/10.1056/NEJMoa2034577
[1] https://www.nejm.org/na101/home/literatum/publisher/mms/jour...