• OXYTOCIC DRUG (noun). The noun OXYTOCIC DRUG has 1 sense: 1. a drug that induces labor by stimulating contractions of the muscles of the uterus. Familiarity information: OXYTOCIC DRUG used as a noun is very rare. OXYTOCIC DRUG (noun). The noun OXYTOCIC DRUG has 1 sense: 1. a drug that induces labor by stimulating contractions of the muscles of the uterus. Familiarity information: OXYTOCIC DRUG used as a noun is very rare.