In his remarkable article “Quadratic division algebras” (Trans. Amer. Math. Soc. 105 (1962), 202–221), J. M. Osborn claims to solve ‘the problem of determining all quadratic division algebras of order 4 over an arbitrary field F of characteristic not two . . . modulo the theory of quadratic forms over F ’ (cf. p. 206). While we shall explain in which respect he has not achieved this goal, we sh...