The trial in question was conducted on younger people who generally don't get severe cases, so they have no evidence either way on that. However, the trial showed that that the vaccine appeared to nearly completely ineffective in preventing infection:
> Nineteen of the 748 people in the group that was given the vaccine were infected with the new variant, compared with 20 out of 714 people in the group that was given a placebo.
https://www.nytimes.com/live/2021/02/07/world/covid-19-coron...
The sample sizes here are small and the results have not been published, so it's too early to draw any major conclusions, but it certainly doesn't look great.