A Sterilized Bandage can be used to stop bleeding on a wound, and helps with being "alcoholic" by preventing infection. It is created by using a normal bandage mixed with either a alcoholic beverage or disinfectant.
Sterilized bandages and sterilized rags are both interchangeable when bandaging wounds while also preventing infection. However sterilized rags have only half the bandaging power that medical bandages utilise and therefore do not last as long.
Clean vs Dirty Bandage
After a certain amount of time, the Sterilized Bandage will become a Dirty Bandage and will lose its prevention to infection, and in turn will increase the chance of infection over a regular bandage, and will need to be replaced.
Bandages can be washed with water once dirty to return them to a clean state (albiet not sterilized).