A recent study has revealed that a new drug named tranexamic acid or TXA can effectively control excessive bleeding in injured people. They concluded that the drug can help in saving millions of lives worldwide.

The researchers analyzed as many as 20,000 people suffering from excessive bleeding in nearly 40 countries and found that the TXA successfully stopped the bleeding in most of the patients.

They claimed that the drug is capable of saving at least 100,000 accident victims annually.

It is available for $4.50 per gram in the market. The study mates have been recommending the World Health Organization to tag the drug as “essential”.

Ian Roberts and Haleema Shakur, co-authors from the London School of Hygiene and Tropical Medicine, said that the drug should find its use all over the doctors for the treatment of trauma patients.

The study claimed that the drug can effectively help in saving nearly 12,000 lives in China, 13,000 in India and about 2,000 in the US.

“It's important to remember that deaths from injuries are increasing around the world and that they usually involve young adults”, said the study.

They added that as many as 90% trauma patients lose their lives every year because of excessive bleeding.