[wuschel]

It is tricky to get correct information here, as many of the organization that are related to the conservation of the species are funded by the main producers of LAL based endotoxin tests (and hence bleeders, or procurers of Horseshoe crab blood).

At this point, Horseshoe crabs are critical infrastructure in qualityquality control for Pharma and medtech.

Source: Co-founded biotech startup in the horseshoe crab space that had to fold.