If it has the name Lugols, then it is formulated in exactly the same way. The only thing that changes is the size of the bottle.
Lugols = Iodine and Potassium Iodide in the exact ratio:
Iodoral 50 mg = Iodine 20 mg, Iodide 30 mg
Iodoral 12.5 mg = Iodine 5 mg, Iodide 7.5 mg
Lugol's 5% = Iodine 2.5 mg, Iodide 3.75 mg = 6.25 mgs total per drop
Lugol's 2% = Iodine 1.0 mg, Iodide 1. 5 mg = 2.5 mgs total per drop
The chemical composition of Lugol's is:
5% (wt/v) - Iodine (I2)
10% (wt/v) - Potassium Iodide (KI) - (7.5 mgs Iodide & 2.5 mgs of Potassium)
Distilled Water - 85%
Drop dosages are based on a vertical dropper:
More details here: http://jeffreydachmd.com/wp-content/uploads/2014/03/The-Guide-to-Supplementing-with-Iodine-Stephanie-Burst-ND.pdf
You can save 80% of the cost by making your own Lugols. Simply mix crystals with distilled water. Recipes here with instructions: http://tinyurl.com/iodine-instructions
I make all my own liquid iodine, 1 quart at a time.