meconic

Related to meconic: ferulic acid, Meconin

meconic

(mɪˈkɒnɪk)
adj
(Chemistry) (of an acid) derived from poppies
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References in periodicals archive ?
5million from the sale of Meconic, the medical firm they founded and Britain's only legal supplier of heroin and cocaine.
Among the smaller stocks, Meconic, the legal supplier of opiates and cocaine, shot up 40 per cent, or 115p at 400p after agreeing a pounds 147.
Outside the FTSE 100, Meconic, the Edinburgh-based group which manufactures the heroin substitute methodone, attracted attention after one director bought 6,090 shares at 225p.
Edinburgh-based Meconic, which legally supplies drugs such as cocaine, yesterday agreed to be bought by chemicals group Johnson Matthey in a pounds 147.
The 405p-a-share takeover offer has been recommended by Meconic's board, and chairman Peter Savage said the deal represented 'fair value for Meconic shareholders'.
Meconic is the parent company of Macfarlan Smith, which manufactures pharmaceutical ingredients and controlled drugs, including opiates and cocaine.
Bosses at Meconic say the takeover will be good news for the firm's 300-strong workforce.
Meconic, which was founded in 1990 after a management buy-out from UK chemicals firms Glaxo, is highly profitable.
Meconic, the UK's only licensed supplier of heroin and cocaine, rose 17p to 248p after reporting a profits jump for the last year.
A profit warning by drugs manufacturer Meconic sent shares into a dive.
Chemicals group Meconic took a pasting, down 12p to 156p, after it also warned full-year profits would not hit 1997 levels.