The Collaborative International Dictionary of English v.0.48:

Myricin \Myr"i*cin\, n. [Cf. F. myricine. Prob. so called from a
   fancied resemblance to the wax of the bayberry (Myrica).]
   (Chem.)
   A silky, crystalline, waxy substance, forming the less
   soluble part of beeswax, and regarded as a palmitate of a
   higher alcohol of the paraffin series; -- called also
   myricyl alcohol.
   [1913 Webster]