Toxicity
Because it contains free iodine, Lugol's solution at 2% or 5% concentration without dilution is irritating and destructive to mucosa, such as the lining of the esophagus and stomach. Doses of 10 mL of 5% solution have been reported to cause gastric lesions when used in endoscopy. The lethal dose of free iodine for an adult human of 2 to 3 grams (2000-3000 mg) free iodine represents 40 to 60 mL (less than 2 fluid ounces) of 5% Lugol's solution.
Read more about this topic: Lugol's Iodine