Bryan,
You're probably right about the warnings against small doses of finasteride being WAY overblown. That is also my suspicion. Might I say, STRONG suspicion. On the other hand, the warnings are there, so let's at least take them at face value and see where it leads us.
It boils down to this: if those warnings are NOT overblown, then there is reasonable cause for concern for a topical product. Why? Because the mechanisms I described are more than just plausible, they are pretty hard to explain away. In fact, the set of circumstances taken together create an interesting irony: if finasteride is very, very poorly absorbed, then there is no logic for including finasteride in a topical product, as the product would be ineffective. If it is only somewhat poorly absorbed, you can overcome the poor absorption by increasing the dosage, but that means increasing the amount placed on the scalp which ultimately is NOT absorbed, but instead gets all over pillows an combs and the like. Only if finasteride is rapidly and completely absorbed, could finasteride contamination not be an issue.
(Once again, we're assuming that the warnings aren't silly overreaction, which they easily might be. Personally, I suspect they are ).
From my knowledge of chemistry, I would expect that finasteride's similarity to cholesterol would make it reasonably absorbable by skin. Brain-tanning of hides, where the brain of the deer is used to make the hide of the deer soft and pliable, is based on this (the brain is very, very rich in cholesterol). On the other hand, cholesterol (and finasteride) are rather large molecules, which slows things down. Propylene glycol, being a very small molecule, absorbs much more quickly, and facilitates the absorption of larger molecules. That's why it's used in Minoxidil preparations.
And Timbo, if Dr. Lee's preparation is more alcohol based, and dries more quickly, that's not better, it's worse. Unless there is something gooey to hold it against the skin, whatever drug is dissolved in it would be more likely to flake off dry.
Hairrific has a great point that, perhaps topical application is really only a rather inefficient way of getting finasteride into the bloodstream. If true then one might as well take oral finasteride as he suggests. But my suspicion is that the oily nature of sebum might make it the preferential absorber of finasteride. So ask the real world: guys... does this topical finasteride stuff work really well? If so, sebum is likely facilitating rather than blocking the delivery of finasteride to the target, implying topical is an ideal way to administer finasteride... but only as long as it isn't dangerous to others.
The contamination mechanisms I've described are sound. The big question is: is finasteride actually dangerous to pregnant women? Personally, I think the evidence is against it. So those dire warnings about broken pills should be removed from the packaging. Maybe they're in there for a different reason ...the makers of Propecia don't want do-it-your-selfers to use pill-cutters to make 4 or 5 doses of "DIY Propecia" out of one tablet of Proscar, or Heaven forbid, generic finasteride!
Jeeze, it's like I'm trying to take your topical finasteride away. I'm not. I simply raised a question that should have been resolved before the product was launched. And you should want it resolved... especially if your wife is pregnant with a boy!