The story
Compare French myricine. Probably so called from a fancied resemblance to the wax of the bayberry (Myrica).
Etymology from Wiktionary, CC BY-SA 4.0.
myricin
Today it means: 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; myricyl alcohol. Full definition →