Hemorrhage is a rangedweapon which causes enemies hit to bleed and deals critical hits to enemies that are bleeding or poisoned. This item is exclusive to the Rise of the Giant DLC.
Ice Shards can be used in order to slow the nearby enemies and use Hemorrhage more safely.
Notes
Hemorrhage's attributes have good synergy with its crit condition as it bleeds foes, allowing constant critical hits.
The weapon can easily stun-lock elite enemies and interrupt bosses with its high breach values.
Its main weakness is its low ammo count and slow attack speed, making it a poor choice against many foes but devastating versus singular threats.
Affixes such as "+80% to poisoned targets" and mutations such as Point Blank apply to the projectile damage but do not apply to the inflicted bleed status unlike most damage-over-time weapons.
Tranquility and Support however, does increase the afflicted statuses damage.
The damage dealt by the inflicted bleed status is not reduced when this weapon is used from Backpack via Acrobatipack.
Trivia
The term hemorrhage is mainly defined as "Blood escaping from vessels", referring to its ability to inflict bleeding.