evidence: Hydrogen Peroxide treats a variety of illness, toxicities, and chronic diseases, kills certain bacteria, parasites, and protozoa, inhibits, and can even destroy, some immunocomplexes (immunity disorders). It also helps liver and kidneys filter and dispose of toxins. So as you can see, it has a lot more uses and benefits than just as a topical anti-bacterial treatment. Benefits of Hydrogen Peroxide IV Therapy Hydrogen Peroxide I.V. Therapy has been used in the treatment of the following Medical Conditions: