January 20, 2016 (AP) — A start-up company in Maine is developing a children’s bandage coated with a substance extracted from crushed lobster shells that would promote blood-clotting and is resistant to bacterial infection.

The company, Lobster Tough, shipped Maine lobster shells to a processor in Iceland for testing, and so far, the results are promising, said Thor Sigfusson, an Icelandic investor in the company.

Lobster shells usually end up in landfills after the meat is removed, he said. Using lobster shells to create a medical product would create more value for lobsters and boost the industry in Maine, he said.

“My dream will be to use the massive amounts of lobster shells that are being thrown into dumpsters,” he said.

Chitosan, the blood-clotting compound, is currently produced industrially by crushing shrimp shells and washing the solids with acids to remove inorganic materials and proteins. The U.S. Army has used field bandages treated with chitosan processed from shrimp shells.

Read the full story from the Associated Press at the Concord Monitor