Note: I am a stats guy. The learning that I will share is based on interactions with experts far more knowledgeable than me (like @darwinbandoy).

So, let's talk vaccines and numbers.
First, vaccine efficacy = % reduction in disease incidence in a vaccinated group compared to an unvaccinated group under optimal conditions

Reference: https://www.who.int/influenza_vaccines_plan/resources/Session4_VEfficacy_VEffectiveness.PDF
For example w/ COVID-19 having R0 = 2 or 3, so say 2.5 (reference: https://www.imperial.ac.uk/media/imperial-college/medicine/sph/ide/gida-fellowships/Imperial-College-COVID19-transmissibility-25-01-2020.pdf),

(1 - 1/2.5) x 100% = 60% of the population should be infected without dying.
With a vaccine of 50% efficacy administered to 100% of the population, that is still not enough since

0.50 efficacy x 1.00 population = 0.50 or 50% of the population immune =/= 60% immune.
Buying a 50% efficacy vaccine isn't enough.

Especially damaging that even buying for the whole population, it is not sufficient.

Doubly damning is its expensive price.

Triply worse would be lack of published results and data on efficacy itself, especially on side effects.
So, as you can see, our math is

Efficacy x Population Vaccinated = Population Made Immune by Vaccination.
In this example, you have more leverage to reach herd immunity with manageable logistics especially for those who cannot be innoculated due to immunocompromised status.
Now there are cheaper vaccines still with even better efficacy than 50%, and it can be seen what makes total sense and why to surrender to 50% efficacy is NOT AN OPTION.
You can follow @PJACaytonPhD.
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