This is the most misused term/context for a SARM. SARMs are not research chemicals. The only thing that makes something a research chemical is when it's made by a RESEARCH CHEMICAL COMPANY.
Take Exemestane for example. It is a medicine. A real pharmaceutical product. But when "xxxproducts" makes it, they label it as a "Research Chemical" in order to exploit a loophole, claiming "not for human consumption".
SARMs are also pharmaceutical medicines, hormones, etc. So they can be banned under that context. Now company XXX can produce them and say "not for human consumption" "for research purposes only" and it gets the tag research chemical.