PPHM—are you and iwfal saying a drug can't be effective in treating a disease unless it has some nasty side effects for (some) people?
The issue is not adverse events per se, but rather adverse events with a mechanistic explanation. The fact that Bavituximab doesn’t seem to have any mechanistic side effects suggests that it doesn’t have a bona fide mechanism.
In this sense, Bavituximab is rather similar to HEB’s Ampligen, another drug that was claimed to be an all-purpose treatment for widely disparate diseases.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”