We may already have spray-on bandages, but Arch Therapeutics has developed a nanostructured substance that they say stops bleeding almost instantly. Originally developed at MIT, the material is awaiting FDA approval and could make its way into operating rooms soon. The liquid is made up of amino acids that form peptides and cluster into long fibers when exposed to salty environments, like, say, a whole bunch of blood. The material isn't terribly new -- it was originally discovered in the 90s, but only recently during an experiment did researchers realize that it would be great for blood control. Shortly thereafter, people saw dollar signs and Arch Therapeutics was founded.