Old dogs, new tricks

FSB's archives are packed with entrepreneurs who reinvented stagnant industries. Here's how some of them are doing today.

New trick: Bandages
New trick: Bandages
Hemcon medical technologies
hemcon.com
The bandage industry was never rocket science, or even shrimp science. But now HemCon's crustacean-derived chitosan bandages stop bleeding faster. When we profiled the Portland, Ore., firm (July/August 2006), HemCon, whose biggest customer is the U.S. military, estimated that its revenues that year would be $20 million on 180,000 bandages sold. It reached $24 million with 270,000 sold. In October it launched a product to stop bleeding during dental surgery. HemCon plans to release a civilian version of its bandage later this year. -Julie Sloane

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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.