Lugol's iodine solution is red not a colorless clear liquid.Liquid Iodine drops Lugols Solution is One of the most popular and commonly used forms in the world. This Not a Decolorized iodine tincture. Liquid iodine or Iodine liquid is a solution of iodine and potassium iodide in water. Iodine has many common uses. In emergency first-aid and medical circumstances, it has been used as an antiseptic swab for wounds. Iodine can come in different forms like tincture, tablets, pills, ointments, creams and capsules. Lugol's Iodine 2% Solution comes as a liquid solution in a dropper bottle. Calculating MG's per vertical drop is approximately 1.0 mg of iodine and 2 mg of Potassium Iodide solution. Manufactured in USA lab tested for heavy metals. Lugols solution of iodine is approximately 2% iodine iodide 4% and 94% distilled water. Iodine solution is made with 2% iodine and potassium iodide mixed with distilled water. Distilled water is a type of purified water that has had both contaminants and minerals removed. The potassium iodide Family Health Products uses is from underground brine mining. Iodide is the only form of iodine found in nature. Potassium iodide that is mined in the United States at a brine mine. Iodine from brine is the purest and made naturally by nature.